
The December Dairy Market Report from DMI and NMPF showed many key US milk and dairy prices at their highest levels in nearly five years. The September all-milk price of $19.30 per hundredweight was the highest since December 2014.
Drivers included a shrinking US cow herd, rising milk per cow, strong domestic demand, and the end of EU skim milk powder stock liquidation, partly offset by weaker exports due to China's swine fever and the trade war.
A smaller US milk supply combined with firm demand supports higher dairy prices and farm income, which can encourage stronger feed purchases. The report indicates the supply tightening is expected to taper off in a few months.
在过去 237 次看涨的报告事件之后,牛奶(III类) 在 5 个交易日内中位数变动 +0.0%(51% 上涨;中间一半区间为 -0.3% 至 +0.6%),20 个交易日内为 +1.2%。
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。