Laden…
USDA raised its milk production forecast for 2019 and 2020 because of stronger milk per cow and higher cow numbers. The 2019 all-milk price was raised five cents to $18.40/cwt, and the 2020 price was unchanged at $18.85/cwt.
Cheese and nonfat dry milk price forecasts were raised, while butter and whey were reduced.
Expanded milk supply is a bearish factor for dairy prices, but firmer cheese and powder prices offset part of that pressure. The net result is a stable 2020 all-milk outlook.
brownfieldagnews.comNicole Heslip10 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.
