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Latest From Nate Donnay
US Class III milk futures (milk that goes into cheese) have been mixed over the last week.
There wasn't much in the way of data released this week. Dairy prices in Europe are still trending higher, although SMP seems to have hit a bit of a wall.
Dairy prices were higher to sharply higher across all the major exporting regions this week.
US dairy prices were mixed this week while milk production is still increasing seasonally toward the spring flush.
US dairy price movements have been mixed over the past two weeks, but the sentiment has been bearish.
Listen to and view our analysis of what the market holds for the dairy sector in 2016 – and the role Europe has played in the current crisis of low global prices.