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UW-Madison dairy experts report that the US dairy herd shrank to 9.333 million cows in May, down 0.9% year on year, with milk per cow below trend. Stocks of butter, cheese and powder are tightening, and they forecast better milk prices later in the year.
A shrinking herd and tighter dairy stocks point to firmer milk prices, which raises the value of milk relative to feed costs.
en.edairynews.comDamián Morais27 jun 2019
eu.wisfarmer.comColleen Kottke25 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.
A shrinking herd and tightening stocks of butter, cheese and powder, together with forecasts of better prices, support a supply-driven rally.
