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Ever.Ag analysts discussed their monthly dairy forecast, which raised most price expectations for 2023. The largest change was a higher butter forecast for the rest of the year, with the team debating whether butter can reach $3.
A higher butter outlook suggests firmer dairy product values in the second half of 2023, which could support milk prices. Forecasts are analyst views and do not by themselves move the market.
insights.ever.agjorge.romeroAug 2, 2023Not 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.
