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USDA data showed February 2023 US dairy production was mostly up year on year, with butter up nearly 2% and cheese up almost 0.5%, though both fell sharply from January. Nonfat dry milk rose 4.5% and skim milk powder rose nearly 29%.
Rising output of dairy products amid soft export demand for butter pressures dairy prices lower, which weighs on milk and dairy-linked feed demand. The effect on grain and meal prices is small.
brownfieldagnews.comNicole Heslip5 Apr 2023Setelah 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.
