
USDA's latest supply and demand report projects higher milk output in 2026 and 2027 from rising per-cow yields and larger cow inventories. It lowered its 2026 Class III and Class IV price forecasts, with the all-milk price at $20.70/cwt, and expects cheese and dry milk prices to fall in the second half of the year.
Expanding milk supply and weaker cheese and dry milk prices point to softer Class III and IV milk prices, which lowers dairy-based feed ingredient demand signals for buyers.
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.