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The November WASDE raised US milk production estimates on higher milk per cow, and raised 2019 and 2020 cheese and nonfat dry milk price forecasts. Butter and whey forecasts were lowered, and the 2019 Class III average was projected at about $17.00/cwt.
Higher USDA milk output forecasts add supply to dairy markets, while upward cheese and NDM price forecasts support dairy margins. Lower butter and whey forecasts partly offset this.
agproud.comDave Natzke9 nov 2019
leadertelegram.comLee Mielke18 nov 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.
