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Dairy markets fell sharply this week after USDA's Milk Production report showed July output of 19.57 billion pounds, up 3.5% year over year, with the herd at 9.485 million head. Butter inventories fell 24 million pounds in July, though cold storage stocks were 6.1% below last year.
Strong milk output and a growing herd point to ample dairy supply, pressuring dairy product prices and the milk price outlook for feed buyers' dairy customers. Feed demand from expanding herds supports steady feed purchases.
milkproducerscouncil.orgSarina Sharp2025年8月22日在过去 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。
