USDA's April supply and demand report raised its 2022 all-milk price forecast by 75 cents to $25.80 and lifted its milk production estimate on expected herd growth. Butter and cheese price forecasts were raised, while whey was lowered.
A higher milk price forecast alongside rising production signals balanced dairy supply and firm demand for dairy products. The report is a scheduled government data release that moves dairy price expectations.
Setelah 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.