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USDA Outlook Forum commentary noted US dairy cow numbers were up 100,000 year over year in December, the largest gain in some time and the highest since the mid-1980s. Historical data suggests such production growth has usually been followed by lower Class III prices over the following six months.
Historically large herd and output growth points to sustained downward pressure on milk prices, lowering dairy-sector demand for feed in the medium term.
hoards.comCorey Geiger25 feb 2021Tras 49 eventos bajista de macro pasados, Leche (Clase III) se movió una mediana de -0,6 % en 5 sesiones (33% al alza; mitad central entre -8,5 % y +0,6 %), y -7,5 % 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.
