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USDA's October supply and demand report raised its 2020 and 2021 milk production estimates on higher milk per cow and larger herds. It raised the 2020 all-milk price by $0.25 to $18.00 per hundredweight and set the 2021 all-milk price 55 cents higher at $17.60.
Rising milk output combined with higher forecast product prices points to a more supportive dairy outlook, though larger supplies can cap cheese and butter values. Feed buyers should expect steady-to-firmer dairy demand for feed rations.
brownfieldagnews.comNicole Heslip9 oct 2020Tras 237 eventos alcista de informe pasados, Leche (Clase III) se movió una mediana de +0,0 % en 5 sesiones (51% al alza; mitad central entre -0,3 % y +0,6 %), y +1,2 % 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.
