Laden…
Rabobank economist Mary Ledman says China remains an important buyer of U.S. dry whey, and each one-cent change in the whey price moves Class III milk by six cents. China has expanded milk output but not cheese production, so its whey import needs have had less effect on the U.S. than on New Zealand.
Changes in Chinese whey demand flow through to U.S. Class III milk prices, so trade shifts can move farm milk returns.
brownfieldagnews.comLarry Lee31 jul 2024
tridge.comVictor Langat31 jul 2024Na 18 eerdere neutraal handel-gebeurtenissen bewoog Melk (Class III) zich mediaan -0,4% over 5 sessies (39% hoger; middelste helft -2,9% tot +1,1%), 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.
Whey price changes feed directly into Class III (1 cent whey moves Class III by 6 cents), so the whey rally amplified the Class III jump, though the article is general background.
