Memuat…
USDA data showed October US milk production rose 1.4% from a year earlier, with the increase driven by more cows and higher output per cow. Bob Cropp projected the December Class III price could fall to about $15.45 as dairy product prices soften.
Growing milk supply and softening butter and cheese prices point to downward pressure on Class III milk prices, which lowers the value of dairy co-products used in feed.
hoards.comInterPuls acquires ADF20 Nov 2017hoards.com20 Nov 2017Setelah 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.
Production up 1.4% and a Cropp forecast of a lower December Class III price point to a supply overhang and softening product prices.
