
USDA data show the US all-milk price for July 2020 was $20.50/cwt, up $2.40 from June. The Wisconsin all-milk price was $22.30/cwt.
CME 40-pound block cheese closed at $1.8275 per pound on August 28, and barrels at $1.43.
Higher July milk prices reflect the earlier cheese rally, but the lower late-August CME cheese levels suggest the gain is fading and milk costs for feed buyers may ease.
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.