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Cheese prices fell sharply last week as demand declined when the USDA Farmers to Family Food Box program wound down. Dan Basse of AgResource said Class III prices could fall to $15 to $16 per cwt.
Loss of government purchase support and weaker cheese demand point to lower dairy product prices, which reduces milk revenue and dairy-related feed demand.
rrfn.comCarah Hart2020. 8. 6.과거 하락 정책 이벤트 24건 이후, 우유 (Class III)은 5거래일 동안 중앙값 -0.1% 변동(상승 33%; 중간 50% 범위 -1.8%~+0.5%), 20거래일 동안 -4.6%.
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.
Cheese prices fell as demand dropped when the USDA Farmers to Family Food Box program wound down, and an analyst projected Class III at $15-16, so sentiment and demand turned bearish.
Cheese demand fell as the Farmers to Family Food Box program wound down, pressuring cheese prices, the main driver of Class III, with analysts projecting Class III falling to $15-16.
Cheese prices dropped as USDA Farmers to Family Food Box demand wound down, with analyst forecasts of Class III at $15-16, a demand-side driver of the selloff (published a day or two later but describes the prior week's decline).
Cheese prices fell as Farmers to Family Food Box demand wound down, with analysts projecting Class III at $15-16, a demand-side bearish factor for cheese-driven Class III, though published a day after the move.
