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USDA announced the April Federal order Class III milk price at $14.47 per cwt, up 25 cents from March but 75 cents below April 2017. Class IV rose to $13.48 and California's Class 4b price was $14.27.
Class III futures pointed to a May price near $15.11 and higher prices through the summer.
Higher Class III and IV prices improve dairy margins and may support herd sizes and dairy feed demand. Futures curve strength points to firmer milk prices into the summer.
thefencepost.comLee Mielke11 may 2018Tras 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.
