
The USDA announced the July Class III milk price at $17.55 per hundredweight, up $1.28 from June and the highest since December 2014. The July Class IV price rose to $16.90, its highest since November 2014.
Futures point to Class III prices near $17.10 to $17.80 through the rest of 2019.
Class III and IV prices at multi-year highs reflect firmer cheese and butter values, supporting dairy-based feed ingredient prices, though exposure to China tariffs is a downside risk.
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.