Insight Focus
- The oversold whole milk powder price is stimulating buying interest.
- The stability of whole milk powder price is feeding through to other products.
- The European market still has to bottom out which could signal a recovery when it stops falling.
New Zealand
- New Zealand whole milk powder prices stopped falling as the price incentivized demand last week.
- Other products continued to fall.
USA
- US dairy futures’ fall slowed too.
Europe
- The European market was more bearish than the other two major markets.
Other Insights That May Be of Interest…
Food Supply Chain Key Factor in Inflation Surge
Russian Food Self-Sufficiency: Reality or a Potemkin Village?
