
Wisconsin dairy economist Bob Cropp forecasts the 2017 average Class III milk price at about $16.85 per cwt, compared with an estimated $14.85 for 2016. Strong U.S. milk production is the only major exporter output rising, while EU, New Zealand, Australia and Argentina are running lower.
Butter and cheese sales were strong in 2016.
Expected higher 2017 milk prices reflect tighter export-region supply and firm domestic dairy demand, supporting dairy-based feed values.
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.