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The USDA announced the July Class III milk price at $17.55 per hundredweight, up $1.28 from June and the highest since December 2014. The July Class IV price rose to $16.90, its highest since November 2014.
Futures point to Class III prices near $17.10 to $17.80 through the rest of 2019.
Class III and IV prices at multi-year highs reflect firmer cheese and butter values, supporting dairy-based feed ingredient prices, though exposure to China tariffs is a downside risk.
thefencepost.comLee Mielke9 ago 2019Tras 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.
