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USDA data show U.S. milk output rose 3.6 percent from August through October, driven by more cows and higher output per cow. October's Class I base price fell to $18.04 per cwt, more than $5 below a year earlier, with Class III and IV also down.
USDA expects the 2026 all-milk price to average $1.80 per cwt lower while production rises another 2.4 percent.
Expanding supply alongside falling class prices points to further downside for dairy product and milk prices into 2026, squeezing farm margins and reducing demand for dairy-linked feed ingredients.
rfdtv.comTony St. James4 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.
