
Milk production grew 1.2% year over year in June, but cash prices for barrel cheese fell about 20 cents since early June and cash butter dropped 15 cents. Retaliatory tariffs from China and Mexico, effective early July, appear to be cutting exports; cheese exports fell about 15% in May, with exports to Mexico down about 35%.
Weaker export demand for U.S. dairy is pushing down domestic dairy prices despite slowing milk output, which weighs on the Class III milk price feed buyers track.
Setelah 49 peristiwa perdagangan bearish sebelumnya, Susu (Class III) bergerak median -0,3% selama 5 sesi (39% lebih tinggi; separuh tengah -4,7% sampai +1,5%), dan -0,4% 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.