December 18, 2018
Global Dairy Weekly (week ended December 14, 2018)
An eFeedLink Exclusive
By JERRY DRYER and MATT GOULD, DAIRY & FOOD MARKET ANALYST
Market tone firms for nonfat and whey
Philadelphia, PA - Sentiment in the nonfat dry milk market firmed this week alongside news that the European Commission sold a weighty volume of milk powder. More on that in a bit. In the USA, our network says nonfat dry milk exports are better than expected and inventories, neutral-to-lower. CME nonfat dry milk ended the week up 5.50 cents.
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