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Strong US dairy exports in May and June, including record June exports and record May milk powder shipments, have drawn down nonfat dry milk stocks. Dry whey exports rose as China rebuilds its swine herd.
Economists do not expect cheese and milk prices to return to their summer highs.
Robust export demand supports dairy prices and whey and powder demand, but the expected plateau in prices limits upside for milk-based feed ingredients.
在过去 18 次中性的贸易事件之后,牛奶(III类) 在 5 个交易日内中位数变动 -0.4%(39% 上涨;中间一半区间为 -2.9% 至 +1.1%),20 个交易日内为 -3.0%。
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。