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The USDA's April WASDE raised its 2022 US milk production estimate by 300 million pounds to 226.3 billion pounds, citing more dairy cows. Forecasts for cheese, butter and Class III and IV milk prices were raised, while whey was lowered.
Higher projected milk output adds supply, but raised price forecasts for dairy products signal tight stocks and firm demand. Higher Class III prices support dairy-farm margins and can influence demand for dairy feed and byproducts.
capitalpress.comLEE MIELKEFor the Capital Press12 Apr 2022Setelah 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.
