Loading…
Southeast Uniform milk price for September was $17.94, down $1.67 from a year earlier. US milk production in the 23 major states rose 1.5% year over year, and the number of milk cows fell to 8.72 million head.
Rising milk output against softer prices signals ample dairy supply and weak farm milk revenue, which can limit dairy herd feed expansion.
thebullvine.comNov 13, 2018After 273 past bearish report events, MILK moved a median -0.2% over 5 sessions (39% higher; middle half -1.3% to +0.4%), and -1.4% 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.
