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USDA's March supply-demand report cut its 2025 US milk production forecast by 700 million pounds to 226.2 billion pounds on lower output per cow. It also lowered cheese, butter, nonfat dry milk and dry whey price forecasts, and reduced the Class III and all-milk price forecasts.
Lower USDA milk output and price forecasts signal tighter raw milk supply but weaker product values, which weighs on dairy-linked feed demand such as DDGS and reflects softer dairy income for feed buyers.
cheesereporter.com2025年3月13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。
