Memuat…
Mass closures of restaurants and schools shifted dairy sales abruptly from wholesale food-service channels to retail grocery stores. Dairy processors also struggled to find enough drivers because some workers feared the virus and stopped working.
U.S. dairy farmers began dumping milk.
Lost food-service demand and logistics bottlenecks leave surplus milk with no outlet, pressuring farmgate and Class III milk prices lower.
reuters.comP.J. Huffstutter3 Apr 2020reuters.comP.J. Huffstutter5 Apr 2020Setelah 49 peristiwa makro bearish sebelumnya, Susu (Class III) bergerak median -0,6% selama 5 sesi (33% lebih tinggi; separuh tengah -8,5% sampai +0,6%), dan -7,5% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
Shift from foodservice to retail and processing and labor disruptions created demand and logistics dislocations that weighed on milk prices.
Restaurant and school closures shifted sales away from wholesale channels, and processor labor shortages and milk dumping signaled a supply-demand imbalance.
