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The average Federal Milk Marketing Order uniform milk price rose for the sixth straight month, reaching $21.59/cwt in June, up 72 cents from May. Prices rose in eight of 11 orders, while Class III-heavy orders fell, and producer price differentials increased across all orders.
Higher uniform prices reflect firmer dairy product values, but mixed order results show regional differences in what producers receive.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.