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USDA's April WASDE trimmed its 2019 US milk production forecast by about 200 million pounds to 219.5 billion pounds, citing slower milk-per-cow growth despite more cows. It raised the cheese price forecast while cutting butter, nonfat dry milk and whey, leaving the 2019 Class III midpoint at $15.35/cwt and Class IV at $16.05/cwt.
A smaller milk supply and firmer cheese prices support Class III and all-milk prices, while weaker butter and powder forecasts cap Class IV. Buyers of dairy-based feed should expect modest firmness in milk prices.
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。