
The USDA announced the August Federal order Class III milk price at $17.19 per hundredweight, up $3.42 from July but $2.91 below a year earlier. The August Class IV price rose to $18.91, and July US milk output was down 0.5% year on year as the cow herd shrank.
A shrinking herd and lower output per cow tighten milk supply and support prices, which can sustain dairy demand for feed. The still-large year-on-year price gap keeps producers under financial strain.
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.