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Tom Vilsack of the US Dairy Export Council said Class III milk has fallen 26% and Class IV 36% amid the COVID-19 outbreak. He noted that US dairy exports had grown for six months through February before the pandemic hit, and he expects March through May exports to decline.
Lower export demand and falling milk prices weigh on dairy markets, reducing farm-level income for milk producers.
brownfieldagnews.comLarry Lee8 Apr 2020Setelah 49 peristiwa makro bearish sebelumnya, Susu (Class III) bergerak median -0,6% selama 5 sesi (33% lebih tinggi; separuh tengah -8,5% sampai +0,6%), dan -7,5% 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.
