
USDA's Livestock, Dairy, and Poultry Outlook raised 2024 forecasts for milk cows, milk per cow and total milk production to 9.345 million head, 24,330 pounds and 227.3 billion pounds. The all-milk price for 2024 was raised by $0.30 to $21.20 per cwt, while nonfat dry milk and dry whey price forecasts were lowered.
Larger herd and output forecasts point to more milk supply, which weighs on dairy product prices, though the higher all-milk price forecast supports dairy feed demand. Buyers should note the bearish supply trend for 2025 wholesale dairy prices.
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.