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Jan 24, 2024REPORTUS

US Milk Production - December 2023

StoneX published its December 2023 US Milk Production report, which is mostly boilerplate disclosure text in the excerpt provided. The excerpt contains no production figures or market analysis.

WHY IT MATTERS

Monthly milk production data helps gauge dairy supply trends that influence milk prices and dairy feed demand.

AFFECTSMILK◆

SOURCE
stonex.comDairy TeamJan 24, 2024

Price reaction & history

MILK◆neutralSO FAR1d -0.1%5d +0.1%20d +6.5%

After 136 past neutral report events, MILK moved a median -0.1% over 5 sessions (43% higher; middle half -0.7% to +0.5%), and -0.3% over 20.

Jun 13, 2020USDA Raises Forecasts for 2020 Milk Production - HART+2.8%
Aug 12, 2026USDA nudges 2026 milk production forecast higher | Ag Proud-0.5%
May 23, 2026USDA raises milk production estimate - Dairy Star-0.1%
Mar 17, 2026USDA Raises 2026 Milk Price Forecast as Dairy Production Grows-0.3%
Nov 14, 2022Stable raw milk production in 2021 - Products Eurostat News - Eurostat+0.1%

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.

MILK · GP ▸

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