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USDA outlook chairman Mark Jekanowski said milk and dairy prices have started to decline faster than expected. USDA projects 2023 US milk output to grow by under 1% while the all-milk price falls about 15%, nearly $4 per cwt.
Output growth combined with weak demand and strong international competition points to lower milk prices, while feed costs stay firm and squeeze producer margins. The projected price drop is large enough to move dairy and feed-related market expectations.
pnwag.net2023年1月30日在过去 273 次看跌的报告事件之后，牛奶(III类) 在 5 个交易日内中位数变动 -0.2%（39% 上涨；中间一半区间为 -1.3% 至 +0.4%），20 个交易日内为 -1.4%。
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。
USDA's outlook for a roughly 15% fall in the all-milk price and prices declining faster than expected reinforced bearish sentiment and likely encouraged selling.
USDA outlook on 2023-01-30 projecting a roughly 15% drop in the all-milk price and faster-than-expected declines in dairy prices fed bearish sentiment ahead of the 1 Feb drop.
