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USDA's October WASDE raised its 2019 and 2020 milk production forecasts on higher cow numbers and stronger milk per cow. The 2020 all-milk price was held at $18.85/cwt, with the Class III price raised and the Class IV price lowered.
Import forecasts for 2020 were cut on newly announced additional tariffs on some EU dairy products.
Higher expected milk output weighs on dairy prices, while the tariff-related import cut tightens the market for some dairy products. The mixed Class III and Class IV revisions point to uneven price effects across dairy products.
blogs.extension.iastate.edu11 okt 2019Na 136 eerdere neutraal rapport-gebeurtenissen bewoog Melk (Class III) zich mediaan -0,1% over 5 sessies (43% hoger; middelste helft -0,7% tot +0,5%), en -0,3% 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.
