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USDA's May WASDE raised its 2024 US milk production estimate to 227.3 billion pounds, up 1 billion from April. The 2025 forecast was set at 229.3 billion pounds, driven by more cows and higher output per cow.
The 2024 Class III price was raised to $16.75 per cwt and the all-milk price to $21.20.
Higher production forecasts add supply pressure on milk and dairy product prices, a modest bearish signal for dairy-based feed ingredients. Stronger cheese demand partly offsets this for Class III.
agproud.comAudrey Schmitz13 may 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.
