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USDA's Economic Research Service published its February 2019 Livestock, Dairy, and Poultry Outlook, which analyzes month-to-month changes in the WASDE report for beef, pork, lamb, poultry, eggs and dairy. The page itself is a release listing with download links for the full report and forecast spreadsheets.
The outlook frames how USDA's latest supply and use revisions for meat and dairy may shift domestic and export demand for feed grains and protein meals. Its contents are routine, so it signals no new price shock on its own.
ers.usda.govFeb 14, 2019After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 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.
