Loading…

RaboResearch says US dairy farms have been reasonably profitable, with US milk production up 1.6% year over year in April and May, the strongest growth since 2021. The USDA revised the herd upward, and the national herd reached 9.445 million head.
Expanding herds and rising output while milk prices soften point to ample milk supply, and lower feed costs support herd expansion and feed demand.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.