
The USDA Economic Research Service lowered its 2024 forecasts for US milk cow numbers, milk per cow, and total milk production, in line with recent inventory and output data. It raised 2024 and 2025 wholesale dairy price forecasts after cheddar, butter, whey and nonfat dry milk prices rose in August and September.
Tighter US milk supply combined with higher wholesale product prices points to firmer milk prices, and cheaper feed margins may encourage herd rebuilding over time.
Setelah 237 peristiwa laporan bullish sebelumnya, Susu (Class III) bergerak median +0,0% selama 5 sesi (51% lebih tinggi; separuh tengah -0,3% sampai +0,6%), dan +1,2% 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.