
The federal milk marketing order uniform prices rose an average of $1.48/cwt from March to April, reaching an average of $20.03/cwt across the 11 orders. All producer price differentials were positive, and every order's uniform price gained.
The increase reflected continued dairy demand and abundant processing capacity.
Higher uniform and producer price differentials signal firmer milk values across US regions, supporting farm margins and feed-buying capacity for dairy herds.
After 237 past bullish report events, Milk (Class III) moved a median +0.0% over 5 sessions (51% higher; middle half -0.3% to +0.6%), and +1.2% over 20.
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.