The dairy market has seen some volatility lately with several driving factors, but industry leaders say volatility is not unusual this time of year.
“This time of the year, it’s very normal. It feels a bit manic, but this is normal, and it’s what leads us often to those September, October, and early November milk highs that we depend on to push forward great opportunities. And so, as I look at this market, it doesn’t have this step-by-step perfect rhythm to it. Cheese goes up, milk goes up, cheese goes down, milk goes down. Because right now, everybody’s trying to get ahead of that next step of the seasonal curve and still satisfy this big demand that’s coming at us really quickly,” said Mike North.
North places the chaos lately on meeting fourth quarter demands, as well as an influx in market participants.
