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USDA's February supply and demand report left 2020 milk production unchanged but lowered forecast cheese and butter prices on relatively weak demand. The 2020 Class III and Class IV prices were reduced, and the all-milk price was cut by 40 cents to $18.85 per hundredweight.
Lower USDA price forecasts for cheese and butter signal weaker dairy revenue for producers and softer feed-buying capacity for dairy herds, pressuring milk-linked demand for feed.
brownfieldagnews.comNicole Heslip11 feb 2020Tras 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.
