The CME spot product trade on Thursday fairly quiet.
Total cheese output in February was 991 million lbs. This was half a percentage point above Feb 2018 production, but a drop of 9.7% from January’s production.
Everyone in the dairy industry, big or small, can coexist.
Following a sizable move through the month of March, sellers of product would not be fooled as they brought offers to the table on this first business day of the new month.