The USDA Economic Research Service released its June 2024 Livestock, Dairy, and Poultry Outlook. Retail egg prices fell 23.6% year over year in the first five months of 2024 after avian influenza outbreaks, while chicken and some other proteins also became cheaper.
Beef production forecasts were held steady and dairy product price forecasts were raised.
Lower retail egg prices reflect recovering supply after HPAI losses, while steady beef output and higher dairy price forecasts point to firm prices for competing proteins and dairy feed demand.
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.
Setelah 78 peristiwa laporan netral sebelumnya, Sapi Hidup bergerak median +0,2% selama 5 sesi (54% lebih tinggi; separuh tengah -1,0% sampai +1,0%), dan +0,7% 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.