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USDA's June supply and demand report lowered its 2019 milk production forecast because of slower milk-per-cow growth and fewer cows, and expects production to stay low in 2020. The agency raised its 2019 and 2020 butter and cheese price forecasts and cut the 2019 all-milk price by a nickel to $18.00.
Tighter US milk supply and higher feed costs support dairy product prices, which tends to be bullish for milk and bearish for dairy-based feed margins.
brownfieldagnews.comNicole Heslip11 jun 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.
