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Purdue economists report that USDA raised 2019 and 2020 US milk production forecasts to 218.6 and 222.4 billion pounds, respectively. Cow numbers are shrinking, but higher output per cow is offsetting the decline.
Dairy ending stocks rose sharply year over year in September, led by butter, dry whey and lactose.
Rising ending stocks and higher production forecasts weigh on dairy prices, though an improved 2020 price outlook partly offsets that pressure for dairy-based feed ingredients.
ag.purdue.eduSarah E Zahn, Morgan French18 dic 2019Tras 136 eventos neutral de informe pasados, Leche (Clase III) se movió una mediana de -0,1 % en 5 sesiones (43% al alza; mitad central entre -0,7 % y +0,5 %), y -0,3 % 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.
