
The FAO Food Price Index rose for a third straight month to a 31-month high, with the FAO Dairy Price Index up 3.6% in July and 52.2% above June 2016. Butter reached a record $6,100 per ton in Europe as tighter export availability pushed prices higher, while cheese exports stayed firm.
Record butter prices and firm cheese demand lift global dairy values and tighten export supply, though falling whole milk powder prices and expected higher second-half butter output may cap further gains.
Setelah 237 peristiwa laporan bullish sebelumnya, Susu (Class III) bergerak median +0,0% selama 5 sesi (51% lebih tinggi; separuh tengah -0,3% sampai +0,6%), dan +1,2% 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.
FAO data published 2017-08-02 showed dairy prices up 3.6% in July with record European butter prices, supporting bullish global dairy sentiment and tighter export availability.