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USDA data showed October US milk production rose 1.4% from a year earlier, with the increase driven by more cows and higher output per cow. Bob Cropp projected the December Class III price could fall to about $15.45 as dairy product prices soften.
Growing milk supply and softening butter and cheese prices point to downward pressure on Class III milk prices, which lowers the value of dairy co-products used in feed.
hoards.comInterPuls acquires ADF2017年11月20日hoards.com2017年11月20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。
Production up 1.4% and a Cropp forecast of a lower December Class III price point to a supply overhang and softening product prices.
