Memuat…
The Class III milk price for April ended at $14.50 per cwt, up from $14.22 in March and $13.40 in February. U.S. dairy exports have run above year-earlier levels since July 2017, and February export volumes reached an all-time high.
Domestic butter and cheese sales also rose in 2018.
Stronger export demand and firmer domestic sales are tightening U.S. dairy supplies, supporting Class III milk prices into the summer.
farmprogress.comFran O'Leary1 Mei 2018Setelah 41 peristiwa perdagangan bullish sebelumnya, Susu (Class III) bergerak median -0,1% selama 5 sesi (49% lebih tinggi; separuh tengah -1,3% sampai +8,1%), dan +1,1% 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.
Record exports, rising butter and cheese sales, and a forecast of $16 Class III by August support bullish sentiment and buying in the futures.
Forecast of Class III reaching $16 by August, backed by record exports and rising April Class III price, reinforced bullish sentiment and demand expectations.
