Memuat…
Dairy margins weakened in late September 2016 as milk prices fell while feed costs held steady. USDA data showed August milk production up 1.9 percent year on year, with the dairy herd at 9.36 million cows, the highest in nearly 20 years.
California Class 4a and 4b prices also declined in September.
Rising output and a larger herd are weighing on milk prices and margins. Corn stock data was neutral, so feed costs are not adding significant price pressure.
agproud.comDave Natzke14 Okt 2016Setelah 273 peristiwa laporan bearish sebelumnya, Susu (Class III) bergerak median -0,2% selama 5 sesi (39% lebih tinggi; separuh tengah -1,3% sampai +0,4%), dan -1,4% 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.
August milk output up 1.9% with the largest herd in nearly 20 years signals oversupply that pressures prices, and margins weakened as milk prices fell.
