USDA's November supply-demand report raised its 2025 milk production forecast by 1.4 billion pounds to 31.4 billion and its 2026 forecast by 3.0 billion pounds to 234.4 billion. It cut most dairy product price forecasts, including butter to $2.22 per pound and cheese to $1.805, and lowered the 2025 Class III price to $18.15 per cwt.
Higher milk supply with lower product prices points to weaker dairy returns and softer milk prices for buyers. Dry whey was the exception, with its price forecast raised on strong demand.
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.