
The USDA's September 2024 outlook revised milk production for 2024 and 2025 downward on lower milk per cow, while all-milk prices were raised to $23.05 per cwt for 2024 and $23.45 for 2025. Wholesale prices for all dairy products were also adjusted upward.
Lower production combined with higher wholesale and all-milk price forecasts points to stronger dairy product values and farm milk income into 2025.
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.