AHDB reports that GB milk production recovered in Q3 2022 as higher milk prices eased farm margins. It revised the 2022/23 production forecast up to 12.26bn litres, with October output 4% above forecast.
Recent weakness in dairy product markets may limit buyers' ability to hold prices at high levels.
Stronger milk output combined with softer dairy product prices points to lower milk prices ahead, which weakens dairy farmers' capacity to absorb high feed costs.
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.