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USDA's April 11 WASDE raised its 2023 US milk production forecast by 200 million pounds to 228.2 billion pounds, based on a larger cow inventory. The projected 2023 Class III price was raised 70 cents to $18.25 per cwt, and the all-milk price was raised 20 cents to $20.65.
Higher USDA price projections for Class III signal firmer dairy prices, though larger output growth adds supply pressure. The report is a routine forecast update that moves the outlook only modestly.
agproud.comDave Natzke12 Apr 2023Setelah 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.
