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USDA's October WASDE projects 2025 US cheddar at $1.88/lb, butter at $2.79/lb and all-milk at $22.75/cwt, all lower than prior-month forecasts. Global dairy prices are retreating from near-record highs earlier in 2024.
Lower projected 2025 dairy prices reduce expected dairy-based feed ingredient values, while seasonal demand keeps prices elevated near term.
dairyprocessing.comJason Kendall21 oct 2024Tras 273 eventos bajista de informe pasados, Leche (Clase III) se movió una mediana de -0,2 % en 5 sesiones (39% al alza; mitad central entre -1,3 % y +0,4 %), y -1,4 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
The October WASDE lowered 2025 cheddar, butter and all-milk forecasts and noted global prices retreating from highs, which supports bearish sentiment on futures.
