The Milk Check Podcast: HOW WILL DEMAND REACT TO HIGH DAIRY PRICES? AND ARE THEY AS HIGH AS THEY SEEM?
The crew at T.C. Jacoby & Co. comes back to the mic to predict how demand will respond to milk prices approaching record highs across the market.
Between widespread inflation and rising interest rates, the economy hasn’t been in a remotely similar situation since at least the 80s. The discussion touches on potential for a European recession, how interest rate increases affect nonfat trade with Mexico, milk consumption expectations and the barriers to a rapid supply response to record-high prices.
The team comes up with potential answers and a few more good questions. Ted Jr. closes out by backing T3 into holding onto a bullish position.
https://content.blubrry.com/themilk…/JAC_TMC_046_FINAL.mp3
