
The USDA announced the June Federal Order Class III milk price at $15.98 per hundredweight, down 94 cents from May and the lowest since February. May milk production rose 2.3% from a year earlier and cheese output reached 1.282 billion pounds, up 2.0% year over year.
Strong cheese output alongside weak Class III pricing signals ample milk supply, which keeps dairy prices under pressure and limits demand for dairy-related feed.
Setelah 273 peristiwa laporan bearish sebelumnya, Susu (Class III) bergerak median -0,2% selama 5 sesi (39% lebih tinggi; separuh tengah -1,3% sampai +0,4%), dan -1,4% 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.