At the heart of an emerging trend is the elevated fat content in U.S. farm milk, which has surpassed the requirements for cheese manufacturing and led to an oversupplied cream market.

The crude oil market devotes considerable energy to what OPEC+ says, but perhaps a little less to what it actually does when it comes to the supply of the world's most important commodity.

Surplus is a concept in economics that describes the amount of utility or value that consumers and producers receive when making transactions. Every producer and consumer in an economy wants to ...

Consumer surplus and producer surplus figures are derived from demand and supply curve analysis. The demand curve shows how many quantities of a product consumers are willing to purchase at ...