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University of Wisconsin economist Mark Stephenson told Brownfield that industry attrition has trimmed the milk surplus and that he expects dairy price relief before year-end. He said farmers are likely to keep production near current levels after several years of tight margins.
Expected tightening of milk supply and steady herd sizes support a firmer milk price outlook, which matters for dairy-related feed demand over the coming months.
brownfieldagnews.comNicole HeslipApr 30, 2019After 20 past bullish macro events, Milk (Class III) moved a median +0.1% over 5 sessions (55% higher; middle half -0.1% to +2.4%), and +2.4% 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.
