
USDA's latest WASDE left milk production estimates unchanged but lowered its projected Class III milk price because larger supplies and weaker demand pushed down whey prices. The agency also lowered its 2018 all-milk price forecast to $15.60 to $16.10 per hundredweight.
Skim-solids exports are rising on stronger nonfat dry milk and skim milk powder sales.
Lower whey and Class III forecasts signal softer milk revenue for US producers and weaker demand for dairy-based feed ingredients.
Setelah 273 peristiwa laporan bearish sebelumnya, Susu (Class III) bergerak median -0,2% selama 5 sesi (39% lebih tinggi; separuh tengah -1,3% sampai +0,4%), dan -1,4% 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.