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USDA again lowered its 2019 milk production forecast because of slower milk-per-cow growth, according to the April supply and demand report. Cheese prices were forecast higher while butter, nonfat dry milk and whey were lowered, and the all-milk price was set at $17.25-$17.75.
The reduced milk supply outlook and modestly higher all-milk price support dairy prices, though weaker whey and NDM forecasts limit gains in dairy byproduct feeds.
brownfieldagnews.comNicole Heslip9 Apr 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.
