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The USDA reported February 2020 US cheese production rose 3.7% year on year to 1.028 billion pounds, with butter up 8.9% to 179.2 million pounds. Nonfat dry milk and skim milk powder also rose, while lactose and whey protein concentrate fell.
Higher February output of cheese and butter adds to dairy supply during a period of weakening demand from COVID-19 disruptions, which is bearish for dairy product prices and milk.
brownfieldagnews.comadmin2 Apr 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.
