Skip to content
800-884-8290

|

Client Login

|

Open an Account
  • About Us
  • Services
    • Futures & Options Brokerage
    • Organic Grain Swaps
    • Margin Management
    • Commodity Marketing Education
    • Consulting & Insurance
  • Research
    • Dairy
    • Livestock
    • Grain & Oilseeds
    • Ethanol & Biodiesel
  • Account
  • Quotes
  • Contact Us

Atten Babler Dairy FX Indexes – May ’15

  • May 7, 2015
  • by wbabler
The Atten Babler Commodities Dairy Foreign Exchange (FX) Indexes remained at or near record high levels during Apr ’15. The USD/Dairy Exporter FX Index increased to a new 13 year high, however the USD/Dairy Importer FX Index and USD/Domestic Dairy Importer FX Index fell by 5.3 points and 0.6 points, respectively throughout the month. Despite the declines, the USD/Dairy Importer FX Index and USD/Domestic Dairy Importer FX Index remain at the fourth highest and second highest figures on record, respectively. USD/Dairy Exporter FX Index: The USD/Dairy Exporter FX Index increased 0.1 points in Apr ’15 to a value of 120.8, a 13 year high. The USD/Dairy Exporter FX Index has increased 20.9 points since the beginning of 2014 and 7.6 points throughout the past six months. A strengthening USD/Dairy Exporter FX Index reduces the competitiveness of U.S. dairy products relative to other exporting regions, ultimately resulting in less foreign demand for U.S. products, all other factors being equal. USD appreciation against the Argentine peso has accounted for the majority of the gains since the beginning of 2014. USD-Dairy Exporter FX Index - May USD/Dairy Importer FX Index: The USD/Dairy Importer FX Index declined 5.3 points in Apr ’15 as the Russian ruble continues to strengthen against the USD. The USD/Dairy Importer FX Index remains at the fourth highest figure on record and has increased 23.5 points since the beginning of 2014 and 15.7 points throughout the past six months. A strengthening USD/Dairy Importer FX Index results in less purchasing power for major dairy importing countries, making U.S. dairy products more expensive to import. USD appreciation against the Russian ruble has accounted for the majority of the gains since the beginning of 2014, despite the recent pullbacks. USD-Dairy Importer FX Index - May USD/Domestic Dairy Importer FX Index: The USD/Domestic Dairy Importer FX Index declined 0.6 points in Apr ’15 from the record high experienced in Mar ’15 to a value of 136.3. The USD/Domestic Dairy Importer FX Index remains at the second highest figure on record and has increased 14.7 points since the beginning of 2014 and 10.4 points throughout the past six months. A strengthening USD/Domestic Dairy Importer FX Index results in less purchasing power for the traditional buyers of U.S. dairy products, ultimately resulting in less foreign demand for U.S. products, all other factors being equal. USD appreciation against the Mexican peso, Ukrainian hryvnia and Iranian rial has accounted for the majority of the gains since the beginning of 2014, despite the Mexican peso and Ukrainian hryvnia strengthening against the USD in Apr ’15. USD-Domestic Dairy Importer FX Index - May
U.S. Dairy Products Production Update – May ’15
U.S. Dry Product Stocks Update – May ’15
Dairy
Ethanol
Livestock
Grain

Recent Dairy Research

  • Food Service Sales Update – Dec ’22
  • Global Dairy Trade Update 11-15-22
  • Dairy Products Production – Jul ’29
  • USDA Semi-Annual EU Dairy Production Report
  • U.S. Dairy Cold Storage Update – May ’22
Atten Babler Commodities LLC
11406 US Route 20 W
Galena, IL 61036
800-884-8290
Privacy Policy
Futures, options and swaps brokerage is provided through Atten Babler Commodities LLC. The risk of loss in trading commodity futures and options and swaps is substantial. Swaps trading should only be undertaken by investors who are Eligible Contract Participants (ECPs) within the meaning of Section 1a(18) of the Commodity Exchange Act. Before trading, you should carefully consider your financial position to determine if futures, options or swaps trading is appropriate. When trading futures, options or swaps, it is possible to lose more than the full value of your account. All funds committed should be risk capital. Past performance is not necessarily indicative of future results. Atten Babler Commodities LLC use sources that they believe to be reliable, but they cannot warrant the accuracy of any of the data included in this site. Opinions and market data are subject to change at any time. Unless otherwise stated the information contained herein is meant for informational purposes only and is not a solicitation to buy futures or options or swaps.
© Copyright 2023 Atten Babler Commodities LLC