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As with all goods and services, the prices of dairy products are determined by the dynamics of supply and demand, which in turn are affected by a variety of factors. Dairy markets are unique in that they have the potential to react dramatically to relatively small changes in supply and demand.
This module will review the primary elements that impact supply and demand for dairy products. Whether you are a hedger or a speculator, an awareness of these supply and demand elements will results in a better understanding of these vital markets.
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