October market report
The beginning of October is a key part of the calendar in the dairy industry as buyers start placing holiday orders and markets begin to move the way we always expect them to ahead of a more festive time of year.
But markets leading into this month have been largely flat. Aside from local heatwaves, a mild summer kept milk supplies longer than normal deeper into the season. Even butter, which enjoyed a rally early this year that had the industry considering a serious upward breakout, has since lost its momentum.
It has us asking: Will a somewhat strange end to the summer lead to any surprises in markets toward the tail end of this year? And how is 2018 shaping up?
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