Memuat…
The USDA announced the August 2020 Class III milk price at $19.77/cwt, down $4.77 from July but $2.17 above August 2019. The August Class IV price fell $1.23 to $12.53/cwt.
The decline reduced the incentive for depooling, and PPDs are expected to turn slightly positive for September in most orders.
A sharp drop in the Class III price lowers producer income and reduces pressure on dairy herds and feed budgets. The narrower gap between Class III and Class IV reflects easing market stress.
agproud.comDave Natzke3 Sep 2020Setelah 273 peristiwa laporan bearish sebelumnya, Susu (Class III) bergerak median -0,2% selama 5 sesi (39% lebih tinggi; separuh tengah -1,3% sampai +0,4%), dan -1,4% 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.
