GLOBAL DAIRY PRICE ASSESSMENT – Jan. 24th, 2022

OBSERVATION

COMMENTARY

Pricing across the benchmark Origins reflects flat production growth and to some extent modest contraction sentiment in a persistent consumption environment. 
– In a bullish market sentiment environment, if one is Short, one needs to extremely tactical and nimble
– Waiting can be an outcome of a gameplan, however in itself may prove to be a perilous game plan
– Liquidity, or lack of liquidity can take price to places unimaginable

BUTTERFAT
Prices are continuously adjusting upward along all considered time frame (Feb-May) even if at a slightly less extent after rallied along last couple of months

SOLIDS NON FAT SNF
Interestingly, prices are now set on a rally race widening gap along time frame since previous observation