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USDA's Long-term Projections Report sees the all-milk price rising by $3.25 from 2018 levels to $19.65 per cwt by 2028. Milk supply is projected to grow about 15 percent over the decade, driven by per-cow yield gains.
Rising incomes in developing countries are expected to lift dairy consumption.
The long-run outlook points to firmer milk prices and a larger supply base over the decade, relevant to dairy feed demand planning. Near-term price impact is limited because this is a projection rather than a new shock.
brownfieldagnews.comNicole Heslip28 Mar 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.
