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USDA finalized its Federal Order dairy pricing reform, which raises the make allowance and lowers federal order minimum prices, with a producer referendum planned for December or January. Implementation timing is still unclear, though changes could begin as early as March pricing.
US cheese output is also expected to rise by nearly 20 million pounds per day by mid-2025 as processing expansions come online.
Lower minimum class prices under the reform would reduce producer milk checks, and rising cheese output adds supply pressure on cheese and milk prices.
en.edairynews.comDamián Morais25.11.2024Nach 24 vergangenen Ereignisse (bearisch, Politik) bewegte sich Milch (Class III) im Median über 5 Handelstage um -0,1 % (33% höher; mittlere Hälfte -1,8 % bis +0,5 %) und über 20 Handelstage um -4,6 %.
Veränderungen des Benchmarks jedes Rohstoffs seit dem letzten Schluss vor dem Ereignis. Historische Werte bündeln frühere Ereignisse derselben Art; sie beschreiben, was passiert ist, nicht was passieren wird. Keine Anlageberatung.
