
Dave Kurzawski of FCStone suggests USDA may have overestimated U.S. milk production earlier in 2017, after USDA made its fifth cut to its milk production estimate. Global Dairy Trade prices slipped again on August 15 as product volumes offered at auction rose.
If milk output was overstated, actual supplies are tighter than reported, which supports dairy prices, while weaker GDT results point to some export-side pressure.
Setelah 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.