
The federal order Class III milk price for February was announced at $16.08 per hundredweight, up 91 cents from January but $1.70 below a year earlier. Butter and cheese inventory data from USDA showed mixed changes, with butter stocks up sharply from December.
Futures for the rest of 2024 were quoted in the $16.77 to $18.71 range.
The modest monthly gain reverses a two-month slide, but prices remain below breakeven for many US farms, which can limit herd expansion and dairy feed demand. The rise is small and does not yet signal a sustained price trend.
Tras 237 eventos alcista de informe pasados, Leche (Clase III) se movió una mediana de +0,0 % en 5 sesiones (51% al alza; mitad central entre -0,3 % y +0,6 %), y +1,2 % 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.