
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.
Tras 24 eventos bajista de política pasados, Leche (Clase III) se movió una mediana de -0,1 % en 5 sesiones (33% al alza; mitad central entre -1,8 % y +0,5 %), y -4,6 % 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.