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Administrators of the 11 Federal Milk Marketing Orders reported August 2022 uniform milk prices, which fell from July after record highs in June. Seven FMMOs saw uniform prices drop by more than $1/cwt, led by Class III-heavy regions, as lower protein values pressured Class III prices.
Class I base price fell 74 cents to $25.13/cwt.
Lower Class III values, driven by weaker protein prices, reduce US farm milk returns and signal softer dairy feed-demand expectations. The downtrend in US milk prices is bearish for MILK.
agproud.comDave Natzke16 sept 2022Tras 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.
