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USDA's June WASDE raised 2021 and 2022 US milk production estimates by 600 million and 800 million pounds respectively, citing higher cow numbers. The Class III price forecast was cut to $17.45 per cwt on lower cheese prices, while butter, nonfat dry milk and whey price forecasts were raised.
Higher production forecasts with a lower Class III outlook signal ample milk supply, bearish for milk-based feed ingredients, though higher butter and powder forecasts partly offset this.
en.edairynews.comDesirée Juarez16 jun 2021Tras 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.
