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USDA's July Milk Production report showed the U.S. dairy herd grew by 19,000 cows in June to 9.677 million head, 192,000 more than a year earlier and the largest since 1993. Milk output reached 19.7 billion pounds, up 2.3% from June 2025.
A semi-annual Cattle inventory report showed 200,000 more dairy cows and 100,000 more mature heifers on July 1.
Faster herd and milk growth adds supply to dairy markets, which pressures Class III and Class IV milk prices. Rising heifer numbers signal further expansion ahead.
在过去 273 次看跌的报告事件之后,牛奶(III类) 在 5 个交易日内中位数变动 -0.2%(39% 上涨;中间一半区间为 -1.3% 至 +0.4%),20 个交易日内为 -1.4%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。