Memuat…
USDA's June supply and demand report raised its 2020 all-milk price forecast by $2.10 to $16.65 per cwt and its 2021 forecast by $1.20 to $16.20. Cheese, butter and nonfat dry milk prices were raised for both years, while whey was lowered.
USDA also raised its 2021 milk production forecast on higher cow numbers and stronger per-cow output.
Higher price forecasts reflect firmer demand, but expanding US milk output for 2021 is a bearish offset for future dairy prices.
brownfieldagnews.comNicole Heslip11 Jun 2020Setelah 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.
