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October uniform milk prices declined in eight of 11 Federal Milk Marketing Orders compared with September, though high-Class I areas posted small gains. Base producer price differentials were mostly negative in October, except in the Northeast.
The California FMMO had the lowest average at $21.47/cwt.
Lower Class II, III and IV prices and negative PPDs reduce farm-gate milk returns, which can discourage herd retention and modestly weigh on dairy product demand.
agproud.comDave Natzke15 nov 2024Tras 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.
