
The National Milk Producers Federation is considering changes to the Class I fluid milk price mover. US milk production in February rose 0.8% year over year to 17.7 billion pounds, and the dairy herd continued to expand, with growth concentrated in the Midwest and Plains.
Expanding milk output against weak domestic demand is expected to pressure milk prices through spring. Lower dairy prices can reduce dairy farmers' feed purchasing power and dairy-product margins.
Setelah 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.