
USDA released its ten-year baseline projections showing growth in milk production across categories. Cheese prices hit their lowest since April, while nonfat dry milk and dry whey rose to multi-year highs as butter and cheese markets struggled with weak demand.
Rising powder prices offset weaker cheese and butter, and expanding long-term milk output supports a bearish outlook for Class III milk prices, with implications for dairy-based feed 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.