Panel 1
Dairy commodity prices drop
Milk powder, cheese, butter
Down 10-15% in one week
Prices in freefall
Panel 2
What's going on here?
Buyers are hesitant
Slowing global economy
Production is ramping up
Two year lag to lift output
Panel 3
Lower oil prices a factor
Vegetable oils compete
Biofuels land competes
Cheaper dairy food
Panel 4
Dairy boom over?
Dairy land prices doubled
Up 1/3 in last year
Yet commodity prices down 1/3
Possible dairy bubble building
Oops i meant that we are getting less yen for our dollar . Perhaps the unwinding of the yen carry trade ...
bellpawt 3 years ago
Dairy me ! I notice a steady drop in the yen as I walk past bank windows too ...
bellpawt 3 years ago