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USDA announced the June Class III benchmark at $21.04/cwt, a record monthly rise of $8.90 from May. Global Dairy Trade's weighted average jumped 8.3% at its latest auction, led by whole milk powder up 14%.
Class III futures for July were trading near $23.25.
A sharp rebound in milk and global dairy prices reflects tighter supply after production cutbacks and strong demand, supporting dairy-related feed demand and milk price levels.
capitalpress.comLEE MIELKEFor the Capital Press7 jul 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.
