Friday, June 12, 2015
‘Missing’ Milkfat
The CME spot butter price hit a new record high in 2014, and due to environmental factors effecting milk production, the US market is turning out just as tight again in 2015 — contributing to a wonderfully bullish story. But, there is a big problem with the story, and that is there’s a record amount of milkfat going missing. The percentage of unaccounted for milkfat has been relatively stable over time, until it jumped higher in 2013, and again in 2014. In “‘Missing’ Milkfat,” Nathaniel Donnay, Senior Dairy Analyst – Informa Economics attempts to account for all of the milkfat (and protein) between farm production and finished dairy products, and provides market insight into world butter pricing.
Read the full study here.
From the June 2015 issue of Barclay's Insider Report. Accredited investors can subscribe to the full newsletter for free.
Analysis of Commodity Market Fundamentals
Do you need a competitive advantage in the market? Informa Economics has designed a web-based service that will provide you with an information and resource advantage to keep you one step ahead -- the Informa Economics Trader.
Try before you buy - Access the world’s best short-term commodity market analysis for 14 days for free.
Read the full study here.
From the June 2015 issue of Barclay's Insider Report. Accredited investors can subscribe to the full newsletter for free.
Analysis of Commodity Market Fundamentals
Do you need a competitive advantage in the market? Informa Economics has designed a web-based service that will provide you with an information and resource advantage to keep you one step ahead -- the Informa Economics Trader.
Try before you buy - Access the world’s best short-term commodity market analysis for 14 days for free.
Labels: Barclay Insider Report, Barclay Insider Report Guest Article, butter, commodities, Commodity Markets Analysis, Informa, milk fat
Copyright © 2010 by Barclay Hedge
Subscribe to Posts [Atom]