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USDA projects milk prices could reach the high $16s or low $17s by the fourth quarter of 2019, after the 2018 average fell to $14.60. US dairy exports to China fell 47 percent in October amid retaliatory tariffs, though shipments to Southeast Asia and Mexico rose.
Retaliatory tariffs cutting US dairy exports to China weigh on demand and prices, while the USDA's higher price outlook points to gradual recovery for dairy markets.
farmprogress.comFran O'Leary31 Des 2018Setelah 41 peristiwa perdagangan bullish sebelumnya, Susu (Class III) bergerak median -0,1% selama 5 sesi (49% lebih tinggi; separuh tengah -1,3% sampai +8,1%), dan +1,1% 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.
