
A University of Wisconsin outlook reports that US milk production grew less than 1% from late 2018 into 2019, with March output down 0.6% year on year. Dairy product output and stocks have tightened, with butter, cheese and nonfat dry milk production down, and prices are expected to keep strengthening through the year.
Tighter milk supply and firming dairy product prices point to higher Class III and Class IV milk prices, which support dairy herd economics and the value of dairy-related feed demand.
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.