
Strong US dairy exports in May and June, including record June exports and record May milk powder shipments, have drawn down nonfat dry milk stocks. Dry whey exports rose as China rebuilds its swine herd.
Economists do not expect cheese and milk prices to return to their summer highs.
Robust export demand supports dairy prices and whey and powder demand, but the expected plateau in prices limits upside for milk-based feed ingredients.
Setelah 18 peristiwa perdagangan netral sebelumnya, Susu (Class III) bergerak median -0,4% selama 5 sesi (39% lebih tinggi; separuh tengah -2,9% sampai +1,1%), dan -3,0% 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.