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Wells Fargo economist Michael Swanson said US domestic dairy demand cannot absorb recent production growth of nearly 2%, so strong exports are needed. He argued that if exports hold at record 2020 levels, the surplus can be absorbed, but otherwise prices face downward pressure and herd cuts are likely.
Expected herd reductions in mid-2021 and reliance on export demand point to softer milk prices and a potential drop in dairy feed demand.
brownfieldagnews.comNicole Heslip2021年2月18日在过去 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。
