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USDA's revised 2021 Dairy Products Summary shows US cheese production at 13.71 billion pounds, up 3.5 percent from 2020. Italian varieties rose 2.5 percent, American-type cheese rose 4.3 percent, and Wisconsin produced 25.3 percent of the total.
Growing cheese output absorbs more milk and supports dairy demand, but it reflects past production rather than new supply shocks. The effect on feed commodity prices is limited.
hartdesign.comadminHartApr 30, 2022After 136 past neutral report events, Milk (Class III) moved a median -0.1% over 5 sessions (43% higher; middle half -0.7% to +0.5%), and -0.3% over 20.
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.
