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USDA's March Livestock, Dairy, and Poultry Outlook lowered the 2024 US dairy herd forecast to 9.335 million head and milk per cow to 24,345 pounds. Total 2024 milk production was cut to 227.3 billion pounds.
Strong demand for dry whey and whey protein concentrate was also noted.
Lower herd and output projections tighten milk supply and support higher cheese and butter price forecasts. Higher prices could, however, reduce US dairy export competitiveness.
thedairysite.comMelanie Epp1 Apr 2024Setelah 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.
