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Milk prices started 2026 soft but futures now point to somewhat stronger prices later in the year, with Class IV around $19/cwt and Class III around $18/cwt. Analysts cite strong protein demand, consumer budget pressure from energy costs, and record beef values.
A firmer forward milk curve improves dairy margins and herd-retention incentives, modestly supporting demand for dairy feed ingredients, though volatility remains.
在过去 20 次看涨的宏观事件之后,牛奶(III类) 在 5 个交易日内中位数变动 +0.1%(55% 上涨;中间一半区间为 -0.1% 至 +2.4%),20 个交易日内为 +2.4%。
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。