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Rabobank's Q2 2018 dairy quarterly reports that most dairy commodity prices rallied in the second quarter, with butter and cheese demand buoyant. Combined milk supply from the Big Seven exporters grew only 0.5% year on year, the slowest since late 2016.
Butter prices in Europe have risen but remain below their 2017 records.
Slower export milk supply growth combined with firm butter and cheese demand supports dairy prices, which lifts the cost of dairy-based feed ingredients and milk-replacer inputs.
foodingredientsfirst.com18 Jun 201818 Jun 2018Setelah 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.
