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USDA's December supply and demand report raised its forecasts for butter and cheese prices on firm demand, while nonfat dry milk and whey prices were left unchanged. USDA also raised its 2022 all-milk price forecast by 15 cents to $25.15 per hundredweight and its 2023 forecast by 10 cents to $22.70.
It expects milk production to rise in 2023 on higher output per cow and more cows.
Higher USDA price forecasts for cheese and butter support dairy product values, but expected 2023 milk output growth could cap gains. The net effect is a modestly bullish signal for milk prices.
在过去 237 次看涨的报告事件之后,牛奶(III类) 在 5 个交易日内中位数变动 +0.0%(51% 上涨;中间一半区间为 -0.3% 至 +0.6%),20 个交易日内为 +1.2%。
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。