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The Class III milk price was $15.96 in April and is expected near $16.35 for May. US milk production growth has slowed to near zero, and March output of butter, cheese and nonfat dry milk fell year over year, tightening dairy product stocks.
Slowing milk output and tighter dairy product stocks support higher milk prices, which lifts dairy cow feed demand expectations and the value of dairy byproducts used in feed.
farmprogress.comFran O'Leary31 Mei 2019Setelah 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.
