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USDA's world dairy review says butter prices rose 40% over 2017 and peaked at US$8,140 per ton in the EU amid shortages in some countries. Whole milk powder and skim milk powder prices fell 12% and 28%, and New Zealand exports dropped 19%.
Strong demand for milk fat and weak powder prices widen the butter-to-SMP spread, encouraging fat-focused output over skim solids. This keeps skim-based dairy feed inputs relatively cheap.
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。