
USDA lowered its 2023 US milk production estimate by 200 million pounds to 228.4 billion, citing slower growth in milk per cow, and kept 2024 production at 230.8 billion pounds. Forecast cheese and nonfat dry milk prices were revised for 2023, while butter was raised 50 cents to $2.435/lb.
A smaller 2023 milk output forecast modestly tightens dairy supply, which could support dairy prices and eventually feed demand.
Setelah 136 peristiwa laporan netral sebelumnya, Susu (Class III) bergerak median -0,1% selama 5 sesi (43% lebih tinggi; separuh tengah -0,7% sampai +0,5%), dan -0,3% 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.