
Record rainfall in Australia, New Zealand, and California has damaged pastures, infrastructure, and dairy facilities. Producers expect the rains to slow milk production in the short term through higher rates of mastitis and other disease and poorer feed quality.
Expected short-term milk output losses tighten dairy supply and support prices. Damaged pasture and feed quality also raise the value of purchased feed for producers in affected regions.
Setelah 32 peristiwa cuaca bullish sebelumnya, Susu (Class III) bergerak median +0,1% selama 5 sesi (50% lebih tinggi; separuh tengah -0,7% sampai +3,4%), dan +3,2% 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.