読み込み中…
Marin Bozic of the University of Minnesota says US September milk production rose 2.4% year on year, while only 16% of milk was covered by Dairy Revenue Protection for January to March 2021, down from 31% in the third quarter. He argues that CFAP and food box programs supported 2020 dairy incomes but may not continue at the same scale in 2021.
He also flags possible dairy-specific disruptions from limited US cheese capacity.
Rising milk supply and less hedging, combined with possible withdrawal of government support, point to downside risk for milk prices and dairy demand in 2021.
hoards.comMarin Bozic2020/11/06過去の弱気なマクロイベント49件の後、牛乳(クラスIII) は5営業日で中央値 -0.6% 動き（33% が上昇。中央50%は -8.5% から +0.6%）、20営業日では -7.5% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。
