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Rabobank economist Mary Ledman says China remains an important buyer of U.S. dry whey, and each one-cent change in the whey price moves Class III milk by six cents. China has expanded milk output but not cheese production, so its whey import needs have had less effect on the U.S. than on New Zealand.
Changes in Chinese whey demand flow through to U.S. Class III milk prices, so trade shifts can move farm milk returns.
brownfieldagnews.comLarry Lee2024. 7. 31.
tridge.comVictor Langat2024. 7. 31.과거 중립 무역 이벤트 18건 이후, 우유 (Class III)은 5거래일 동안 중앙값 -0.4% 변동(상승 39%; 중간 50% 범위 -2.9%~+1.1%), 20거래일 동안 -3.0%.
각 품목 벤치마크의 이벤트 직전 종가 대비 변동. 과거 수치는 같은 유형의 과거 이벤트를 합산한 것으로, 일어난 일을 설명할 뿐 앞으로 일어날 일이 아닙니다. 투자 자문이 아닙니다.
Whey price changes feed directly into Class III (1 cent whey moves Class III by 6 cents), so the whey rally amplified the Class III jump, though the article is general background.
