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USDA's January Livestock, Dairy & Poultry Outlook reported that wholesale prices for all major dairy products rose from November to December, with butter up the most, from $1.909 to $2.100/lb. December cheese, nonfat dry milk and dry whey prices were the highest monthly levels of the year.
Domestic commercial disappearance rose sharply year over year, and U.S. milk output was up 2.4% in November.
Strong domestic demand alongside rising output supports dairy product prices, which feeds into higher Class III milk values and dairy-based feed ingredient pricing.
feedstuffs.comKrissa Welshans 125 jan 2017Na 237 eerdere opwaarts rapport-gebeurtenissen bewoog Melk (Class III) zich mediaan +0,0% over 5 sessies (51% hoger; middelste helft -0,3% tot +0,6%), en +1,2% 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.
