Laden…
CME block cheddar rose to $1.86 per pound before falling to $1.74 after news that the Farms to Families food box program would end. Blocks recovered to a $1.78 close and barrels closed at $1.69 that week.
Traders were also weighing the Global Dairy Trade auction and the upcoming March milk production report.
Loss of government food box purchases removes a demand support for dairy products, which can pressure cheese and butter prices, though the market recovered much of the drop.
en.edairynews.comDamián Morais21 apr 2021Na 93 eerdere neutraal beleid-gebeurtenissen bewoog Melk (Class III) zich mediaan -0,0% over 5 sessies (48% hoger; middelste helft -0,6% tot +0,6%), en +0,2% 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.
