
Spot dairy prices continued to fall as buyers held off, and nonfat dry milk and dry whey hit multi-month lows. Tariffs on Canada, Mexico and China raised doubts about future U.S. dairy exports.
Weak demand and uncertain export access are pulling down Class III and Class IV futures, which set the milk price for producers.
Setelah 49 peristiwa perdagangan bearish sebelumnya, Susu (Class III) bergerak median -0,3% selama 5 sesi (39% lebih tinggi; separuh tengah -4,7% sampai +1,5%), dan -0,4% 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.
Buyers holding off, weak spot dairy prices and tariff-driven doubts about U.S. export demand weighed on cheese and whey, which are the components of Class III.
Spot dairy prices fell as buyers held back, with dry whey at multi-month lows and tariff worries clouding export demand, which weighed on Class III components.
Falling spot dairy prices, buyers holding off, and tariff-driven doubts about US dairy exports weighed on demand sentiment and pressured futures.