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The USDA's November Class III milk price was $17.18/cwt, up 27 cents from October and $2.77 lower year on year. The November Class IV price was $13.89, the lowest since February 2021.
Commodity and Ingredient Hedging warned that dairy margins kept eroding as milk prices hit new lows while feed costs held steady or softened.
Milk futures are under heavy pressure from rising production, and USDA has raised its 2026 milk output estimate, which points to weaker milk prices. Lower farm margins may also reduce dairy herd and feed-buying demand.
thefencepost.comLee Mielke15 dic 2025Tras 273 eventos bajista de informe pasados, Leche (Clase III) se movió una mediana de -0,2 % en 5 sesiones (39% al alza; mitad central entre -1,3 % y +0,4 %), y -1,4 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
