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Latest From Mike Moss
The recent rises on the globalDairyTrade auction are having a continued knock-on effect on US skimmed milk powder (SMP) prices.
Police in Russia have seized contraband cheese worth RUB2 billion (EUR27.5 mln) in the latest official crackdown on embargo busters.
US cheese prices are moving higher – as milk powder prices go steadily in the opposite direction.
Trading in Chicago shows falling expectations for American butter in the autumn
In the absence of any big buying by China, Argentine exporters are feeling the pinch.
A global palm oil deficit will not necessarily lead to a recovery in crude palm oil futures over the coming months, according to The Public Ledger’s latest forecast.