Laden…
Mass closures of restaurants and schools shifted dairy sales abruptly from wholesale food-service channels to retail grocery stores. Dairy processors also struggled to find enough drivers because some workers feared the virus and stopped working.
U.S. dairy farmers began dumping milk.
Lost food-service demand and logistics bottlenecks leave surplus milk with no outlet, pressuring farmgate and Class III milk prices lower.
reuters.comP.J. Huffstutter3 apr 2020reuters.comP.J. Huffstutter5 apr 2020Na 49 eerdere neerwaarts macro-gebeurtenissen bewoog Melk (Class III) zich mediaan -0,6% over 5 sessies (33% hoger; middelste helft -8,5% tot +0,6%), en -7,5% 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.
Shift from foodservice to retail and processing and labor disruptions created demand and logistics dislocations that weighed on milk prices.
Restaurant and school closures shifted sales away from wholesale channels, and processor labor shortages and milk dumping signaled a supply-demand imbalance.
