US milk production in August 2022 rose 1.6% year on year, with over half of the 24 reporting states higher. Gains came from more cows and better yields in California, Idaho and Texas.
The Class III price fell from a May peak of $25.21 to $20.10 in August.
Rising US milk output adds supply just as cheese and protein demand is soft, which points to further Class III price weakness. This bearish signal affects MILK prices and dairy feed demand.
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.