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USDA's July WASDE cut its 2023 all-milk price forecast by 40 cents to $19.55 per cwt, with the Class III price lowered 65 cents to $16.05. Milk production for 2023 was left unchanged at 228.4 billion lb, while the 2024 production forecast was reduced by 200 million lb.
A lower USDA price outlook signals continued weak dairy farm revenue and pressure on milk demand for dairy-based feed and ingredients. Lower milk prices tend to weigh on the Class III and Class IV benchmarks.
dairyherd.com13 jul 2023Tras 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.
