The USDA's June WASDE cut its 2017 and 2018 US milk production forecasts by 200 and 300 million pounds from the previous month, as slower per-cow gains outweigh more cows. The agency also raised cheese, butter and nonfat dry milk price forecasts on strong demand and reduced output.
Tighter US milk supply and higher dairy product price forecasts point to firmer Class III milk prices. This supports dairy feed demand, which buyers should factor into pricing.
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.