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US milk production rose just 1.6 percent in January, less than many analysts expected, with cow numbers up only 85,000 year over year. Class III futures had fallen to near 15 to 16 dollars after the federal food box program ended.
Analysts see the production report as a sign that prices could recover.
Slower production growth and softer cow numbers could tighten US milk supply and support Class III prices. Weaker domestic demand after the food box program ended remains a limiting factor.
farmprogress.comNaomi Blohm4 mar 2021Tras 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.
