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Dairy farmers across the U.S. are struggling through a prolonged period of low milk prices, the weakest since 2014. Experts attribute the problem mainly to excess fluid milk supply relative to demand.
Persistent oversupply keeps milk prices depressed, reducing farm income and herd economics that drive demand for feed and dairy-related feedstuffs.
apnews.comCasey FabrisJul 14, 2018After 49 past bearish macro events, Milk (Class III) moved a median -0.6% over 5 sessions (33% higher; middle half -8.5% to +0.6%), and -7.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
