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Rabobank reports that combined milk supply growth from major exporters slowed to 0.8 percent in the third quarter of 2018 and is expected to stay well under 1 percent in 2019. Drought in northwestern Europe and Australia reduced feed and forage output, while tight US farm margins and Dutch phosphate rules also reduce output.
Drought-reduced forage and feed supply plus slowing milk output tightens global dairy supply, supporting milk prices and higher feed costs for dairy producers.
capitalpress.comCAROL RYAN DUMASCapital Press2019. 1. 3.과거 상승 날씨 이벤트 32건 이후, 우유 (Class III)은 5거래일 동안 중앙값 +0.1% 변동(상승 50%; 중간 50% 범위 -0.7%~+3.4%), 20거래일 동안 +3.2%.
각 품목 벤치마크의 이벤트 직전 종가 대비 변동. 과거 수치는 같은 유형의 과거 이벤트를 합산한 것으로, 일어난 일을 설명할 뿐 앞으로 일어날 일이 아닙니다. 투자 자문이 아닙니다.
Rabobank's report of slowing milk supply growth from major exporters, driven by drought, tight margins and Dutch phosphate rules, supports a tighter supply outlook and higher futures.
