Laden…
October Class III milk futures closed the week at $19.57, up 36 cents, extending a four-week run of gains. October Class IV posted a limit-up day on Friday.
Spot dairy demand was steady to strong, and the government announced another $1 billion in dairy product purchases.
Government purchases add cheese and dairy product demand, supporting milk prices and the dairy-based feed ingredient complex. Stronger milk prices can also improve dairy producers' margins for feed buying.
totalfarmmarketing.comEvan Disher18 sep 2020Na 41 eerdere opwaarts handel-gebeurtenissen bewoog Melk (Class III) zich mediaan -0,1% over 5 sessies (49% hoger; middelste helft -1,3% tot +8,1%), en +1,1% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
