
Rabobank reports a moderate rise in milk output in dairy-exporting countries, helped by higher milk prices and better weather after a late-2016 contraction. US milk production grew about 2% in the first four months of 2017 and is expected to keep expanding.
Europe and Oceania remain below US price levels.
Rising supply from the US and recovering exporters adds to dairy product availability, which tends to cap prices. Low feed costs keep producers profitable, so expansion is likely to continue.
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.