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USDA's January Livestock, Dairy & Poultry Outlook reported that wholesale prices for all major dairy products rose from November to December, with butter up the most, from $1.909 to $2.100/lb. December cheese, nonfat dry milk and dry whey prices were the highest monthly levels of the year.
Domestic commercial disappearance rose sharply year over year, and U.S. milk output was up 2.4% in November.
Strong domestic demand alongside rising output supports dairy product prices, which feeds into higher Class III milk values and dairy-based feed ingredient pricing.
feedstuffs.comKrissa Welshans 125 Jan 2017Setelah 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.
