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University of Wisconsin economist Bob Cropp reports US milk production was up only 0.5% in Q4 2018 and 0.2% in February 2019. US dairy cow numbers fell 77,000 head year on year, and record 2018 exports reached 15.8% of milk production.
Retaliatory tariffs from China, Mexico and Canada dampened exports in the second half of 2018.
Slowing milk output and falling cow numbers point to tighter US supply, which supports improved milk prices. Export demand remains a key support, but tariffs have weakened its growth.
farmprogress.comFran O'Leary2019年3月26日在过去 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。
