April milk production rose 1% and US dairy cow numbers increased by 9,000 from the prior month. Cold storage was up 1% month on month but still below last year.
Contacts report solid cheese and butter demand, with international butter buyers strong.
Output growth and rising cold storage add supply, which is bearish for prices. Expected food assistance and school lunch funding cuts could weaken domestic demand and add pressure.
Setelah 136 peristiwa laporan netral sebelumnya, Susu (Class III) bergerak median -0,1% selama 5 sesi (43% lebih tinggi; separuh tengah -0,7% sampai +0,5%), dan -0,3% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.