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Get used to volatility in dairy markets
Volatility is the best word to describe dairy markets these days, just when it looked like cash cheese had set a bottom late last week, blocks went down on Monday, both blocks and barrels were lower on Tuesday. Class III futures saw some solid gains on Friday only to give them back on Monday. They were mixed on Tuesday. Steve Schalla with Stewart-Peterson says these swings are becoming more the “norm” for markets as more people are getting into the markets.
The key, Schalla says, is being prepared for the volatility, seek advice and map out a plan for the future.
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