
USDA's annual Milk Production, Disposition and Income report shows U.S. dairy cow numbers averaged 9.392 million head in 2017, up about 67,000 from 2016, with milk per cow up 163 pounds. Total milk production rose 1.4% to 215.5 billion pounds, and producer returns averaged $17.69 per hundredweight, 8.3% above 2016.
Higher cow numbers and output add to milk supply, which weighs on dairy prices, even as 2017 producer returns improved on 2016. The report is backward-looking and shows no new price shock.
Setelah 136 peristiwa laporan netral sebelumnya, Susu (Class III) bergerak median -0,1% selama 5 sesi (43% lebih tinggi; separuh tengah -0,7% sampai +0,5%), dan -0,3% 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.