
USDA's July Milk Production report showed the U.S. dairy herd grew by 19,000 cows in June to 9.677 million head, 192,000 more than a year earlier and the largest since 1993. Milk output reached 19.7 billion pounds, up 2.3% from June 2025.
A semi-annual Cattle inventory report showed 200,000 more dairy cows and 100,000 more mature heifers on July 1.
Faster herd and milk growth adds supply to dairy markets, which pressures Class III and Class IV milk prices. Rising heifer numbers signal further expansion ahead.
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.