The NMPF forecast says the US all-milk price fell $0.40 to $18.50 per hundredweight from January to February. Milk prices have been pressured by rising US milk and cheese output and weak global nonfat dry milk markets, and CME block cheese fell nearly $0.50 from its February high.
USDA expects 2017 all-milk prices between $17.80 and $18.40.
Expanding milk and cheese output and weak powder prices point to lower dairy values, which reduces prices for dairy-based feed ingredients.
Na 273 eerdere neerwaarts rapport-gebeurtenissen bewoog Melk (Class III) zich mediaan -0,2% over 5 sessies (39% hoger; middelste helft -1,3% tot +0,4%), en -1,4% 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.