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The USDA lowered its 2019 and 2020 US milk production forecasts because of slower expected growth in milk per cow. It also reduced 2020 cheese, butter and whey price forecasts and raised the all-milk price forecast to $19.25 per hundredweight, although the text states the all-milk price was reduced.
Reduced milk output forecasts support dairy prices, while weaker product price forecasts point the other way. Buyers should expect limited net change in dairy-driven feed demand.
在过去 136 次中性的报告事件之后,牛奶(III类) 在 5 个交易日内中位数变动 -0.1%(43% 上涨;中间一半区间为 -0.7% 至 +0.5%),20 个交易日内为 -0.3%。
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。