Laden…
EU milk production fell 2% behind 2015 levels from January to August and is expected to decline further. Around 58,000 EU dairy farmers signed up for compensation to cut output by over 1.07 million tonnes.
Wet weather in Australia and lower New Zealand output in October also tightened supply.
EU government-funded output cuts and weather-hit exporters reduce global milk supply, supporting dairy prices into the coming months.
irishexaminer.comStephen Cadogan3 nov 2016Na 17 eerdere opwaarts beleid-gebeurtenissen bewoog Melk (Class III) zich mediaan -0,6% over 5 sessies (29% hoger; middelste helft -1,6% tot +0,2%), en -3,0% 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.
Falling EU milk output, farmer compensation to cut production, and wet weather in Australia and New Zealand point to tighter global supply, supporting dairy prices.
Falling EU output, farmer compensation to cut production, and wet weather in Australia and NZ point to tighter global supply, which supports prices.
