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USDA's November 9 WASDE raised its 2022 US milk production forecast by 100 million pounds to 227.0 billion pounds, while leaving 2023 production unchanged at 229.2 billion. The dairy cow inventory was lowered for both years.
Class III and Class IV price forecasts for 2022 and 2023 were mostly reduced, while the 2023 butter forecast rose.
A higher production estimate combined with lower Class III and IV forecasts points to softer milk prices, reducing dairy producers' margins and their feed purchasing power.
capitalpress.comLEE MIELKEFor the Capital Press2022年11月15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。
