
US dairy prices were at their highest since 2014 in early 2022, with Class III futures averaging $21.50 and Class IV averaging $23.30 per cwt. The author expects strong price support through the year as EU and New Zealand production is constrained.
Expected limits on EU and New Zealand milk expansion support dairy prices, though a US supply response could come by mid-2022, which would weigh on feed demand later.
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.