University of Minnesota economist Marin Bozic said Class III milk prices, which had reached about $18 per cwt earlier, had fallen to around $12.84. Foodservice demand for U.S. dairy is down with no replacement demand emerging.
He urged farmers to set price floors through risk management tools.
Persistent foodservice demand losses keep milk prices depressed, so hedging and price-floor decisions by producers become more important.
在过去 49 次看跌的宏观事件之后,牛奶(III类) 在 5 个交易日内中位数变动 -0.6%(33% 上涨;中间一半区间为 -8.5% 至 +0.6%),20 个交易日内为 -7.5%。
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。
Class III fell from about $18 to $12.84 as foodservice demand fell with no replacement demand, which captures the demand shock behind the decline.
Foodservice demand loss with no replacement demand pushed Class III from about $18 to near $12.84, describing the demand shock behind the drop.
Published 2020-04-01, it describes Class III falling from about $18 to $12.84 on foodservice demand collapse with no replacement demand, matching the move's timing and mechanism.