Aishwarya Govil recently published a column in Cheese Market News discussing the factors affecting the price of cheese. Here’s an excerpt:
The cheese markets continue to redefine the term “volatile markets” as we prepare ourselves for the second half of the year. Of late, the markets have been in a state of pandemonium. We have seen nearly two limit moves in the last three trading sessions. Commodity prices are usually determined by the supply/demand dynamic but that does not mean that the markets are immune to erratic behavior. Looking at the data, I would like to present an argument that cheese prices are more demand driven than supply driven. I think it is safe to assume over a longer period of time, the markets revert back to averages and seasonality patterns do exist.