Risk management specialist Mike North with ever.ag says the new year is a happy one so far for dairy producers.
North tells Brownfield, “In these first few days of the new year we have tacked on roughly $1.25 to a lot of the nearby prices on some strength that we’ve picked up in global markets, and followed through on our own with cheese pushing through that magic $2.00 threshold on Tuesday’s spot trade.”
North says the normal increased fall seasonal purchases combined with strong dairy exports and some Section 32 government buying kept demand strong, which helped prices.
