
USDA ERS expects 2024 US dairy exports on a skim-solids basis to rise about 0.2% from 2023. Dairy import forecasts were raised and export forecasts were cut, and the all-milk price forecast was lifted to $21.25 per hundredweight.
Butter and cheddar price forecasts were raised while dry whey and nonfat dry milk forecasts were lowered.
A higher all-milk price forecast with weaker export growth points to firm domestic dairy values and limited export pull on US milk supply.
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.