
FCC Economics revised its 2020 dairy profitability outlook, noting COVID-19 closed food service outlets and cut demand for cream and cheese. Canadian producers P5 and Western Milk Pool cut butterfat production in April, and milk revenues for the first half were lower than January forecasts.
Lower Canadian butterfat output and weaker first-half revenues point to tighter dairy supply and reduced feed purchasing power in Canada.
Setelah 20 peristiwa makro bullish sebelumnya, Susu (Class III) bergerak median +0,1% selama 5 sesi (55% lebih tinggi; separuh tengah -0,1% sampai +2,4%), dan +2,4% 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.