A market analyst and broker says the fourth-quarter strength
in the dairy market was largely a domestic markets issue.
Mike North from Commodity Risk Management Group and Vault Ag tells Brownfield the market influences leading up to a peak price of around 20 dollars a hundredweight in November was driven by domestic demand. He says, “We had cheese go to $2.40. The class three milk market responded in kind and went over twenty dollars, and it was a really fun market.
