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USDA's October WASDE projects 2025 US cheddar at $1.88/lb, butter at $2.79/lb and all-milk at $22.75/cwt, all lower than prior-month forecasts. Global dairy prices are retreating from near-record highs earlier in 2024.
Lower projected 2025 dairy prices reduce expected dairy-based feed ingredient values, while seasonal demand keeps prices elevated near term.
dairyprocessing.comJason Kendall2024年10月21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。
The October WASDE lowered 2025 cheddar, butter and all-milk forecasts and noted global prices retreating from highs, which supports bearish sentiment on futures.
