A heat wave across the Northeast and Central US reduced milk output and cow comfort, while Western temperatures also hurt production. Cheese production had been heavy before the heat, and CME cheese prices fell over the week.
Exports have been good, especially to Asian markets, while domestic demand is moderate.
Heat-driven drops in milk output could tighten milk supply and support prices, but heavy cheese production and moderate demand limit the upside. Feed buyers may see steady dairy feed demand with volatile pricing.
Na 42 eerdere weer-gebeurtenissen bewoog Melk (Class III) zich mediaan +0,2% over 5 sessies (52% hoger; middelste helft -0,9% tot +2,5%), en +2,0% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.