Volume 1, Issue 3, march 2, 2022
Milk and dairy commodity prices are surging and here’s why. First, U.S. and global milk production is very tight, and not easing anytime soon. Second, inflation, fueled by supply chain problems and now higher oil prices, is impacting every facet of the dairy industry. Third, global demand for fat and protein is strong, as evidenced by the latest bullish GDT auction.