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European dairy prices remain firm after lower April milk output in the Netherlands, Ireland and the UK, with difficult weather cited. Demand from the 2018 World Cup in Russia is supporting cheese and butter prices.
Mozzarella spot prices hit a new high of €3,450 a tonne, and skim milk powder rose to €1,600 a tonne.
Tighter European milk supply and strong World Cup-driven demand support dairy prices, which lifts the cost of dairy-based feed ingredients.
farmersjournal.ieLorcan AllenJun 13, 2018Not enough comparable past events yet for a historical read.
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.
