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U.S. dairy exports are nearing record levels as Mexican demand for dairy products continues to exceed that country's production. November cold storage data showed butter stocks fell 20.2% from October to 213.5 million pounds, the largest two-month decline since 2021.
Total cheese inventory also fell for an eighth straight month.
Strong export pull and falling butter and cheese stocks tighten U.S. dairy supplies, supporting milk prices.
farmersadvance.comLee Mielke1 ene 2025Tras 41 eventos alcista de comercio pasados, Leche (Clase III) se movió una mediana de -0,1 % en 5 sesiones (49% al alza; mitad central entre -1,3 % y +8,1 %), y +1,1 % 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.
Cold storage data showing a 20.2% monthly drop in butter stocks and eight straight months of lower cheese inventories, plus near-record Mexican export demand, tightened the supply picture and supported Class III futures.
