
In its July WASDE, USDA raised its 2025 US milk production forecast by 500 million pounds to 228.3 billion and its 2026 forecast by 900 million pounds to 229.1 billion. It also raised butter, nonfat dry milk and dry whey price forecasts, while lowering the cheese forecast by 2 cents to $1.84/lb.
The increases reflect higher cow inventories and faster growth in milk per cow.
A larger projected milk supply weighs on dairy prices, though higher butter and powder forecasts partly offset that for processors and feed 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.