Ładowanie…
Virginia dairy officials say the pandemic closed restaurants and schools, which cancelled orders and left the US with about a 10% milk oversupply. About 5% of national milk was dumped in late March and early April.
Farmers were expected to feel the price pressure when April milk payments arrived in May.
A 10% oversupply is far larger than the usual 1-2% surplus and has pushed milk prices sharply lower. Cheese-linked pricing means the impact extends to processing demand and milk-based feed ingredients.
dnronline.comIAN MUNRO Daily News-Record29 kwi 2020Po 49 wcześniejszych Wydarzenia typu spadkowy: makro Mleko (Class III) wzrósł medianowo o -0,6% w ciągu 5 sesji (33% wyżej; środkowa połowa od -8,5% do +0,6%), a o -7,5% w ciągu 20.
Ruchy benchmarku każdego towaru od ostatniego zamknięcia przed wydarzeniem. Odczyty historyczne łączą przeszłe wydarzenia tego samego rodzaju; opisują, co się stało, a nie co się stanie. Nie jest to porada inwestycyjna.
A roughly 10% oversupply and milk dumping signal a supply glut that pressures cheese and milk prices, with farmers expected to feel the price pressure when April milk payments arrive.
A roughly 10% oversupply with dumping and the expectation of price pressure in May payments point to a supply-demand imbalance pushing prices lower.
