
USDA's March WASDE lowered its 2022 US milk production estimate to 226.0 billion pounds, down 0.1% from 2021, citing fewer cows and slower per-cow growth. The agency raised cheese, butter, nonfat dry milk and whey price forecasts and lifted the 2022 Class III and Class IV milk price projections.
Tighter expected milk supply and higher product price forecasts point to firmer Class III and IV milk prices, which affects dairy feed demand and feed-buyer costs.
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.