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Class III futures averaged $15.80 for the final two months of 2018 during mid-October trading. USDA economists estimated a 2019 All-Milk price of $17.30 per cwt, with Class III averaging $15.75, and dairy farmers culled 97,900 more cows than a year earlier.
Higher cow culling reduces the dairy herd over time, which can eventually tighten milk supply, though ample heifer supplies limit that effect near term.
hoards.comCorey Geiger2018年10月25日在过去 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。
