Morning Dairy News, 10/19/2015

Monday, October 19, 2015

Spot cheese market that has shown no inclination to stray from its $1.60 to $1.80 range

2-3% too much milk in the market at any one time can create up to a 40% reduction in price paid to producers

Danone said sales in its baby food unit grew 12%, boosted by exports to China

China has 20% of the worlds population and only 9% of the worlds arable land

Why Does Japan Have Butter Shortages?

New Zealand abolished all agricultural subsidies in the 1980s when it fell into a financial crisis

(GDT) Dairy prices have climbed about 63% from their low of early August

We're expecting a drop in (NZ) milk production around about seven to 10 percent this season

Soaring irrigation water prices & water shortage in northern Victoria forcing hundreds of dairy farmers to sell cows

The choice retail beef price declined for the fourth consecutive month to $6.23 per pound in September

Few in Venezuela Want Bolívars, but No One Can Spare a Dime

Unless otherwise noted, the posts on this blog should be construed as market commentary, merely observing economic, political and/or market conditions, and not intended to refer to any particular trading strategy, promotional element or quality of service provided by INTL FCStone Inc. or its subsidiaries. INTL FCStone Inc. is not responsible for any trading decisions taken by persons viewing this material. Information contained herein was obtained from sources believed to be reliable, but is not guaranteed as to its accuracy. These materials represent the opinions and viewpoints of the author, and do not necessarily reflect the viewpoints and trading strategies employed by INTL FCStone Inc. or its subsidiaries. Reproduction without authorization is prohibited. All rights reserved.

Market Intelligence Free Trial