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The USDA announced the November Federal order Class III milk price at $17.18/cwt, up 27 cents from October but $2.77 below a year earlier. The November Class IV price fell to $13.89, its lowest since February 2021.
The latest Global Dairy Trade auction was the eighth straight decline, with the weighted average down 4.3%.
Falling global dairy prices and weak Class IV returns point to ongoing pressure on milk values, which weighs on dairy-sector demand for milk-based feed ingredients and reduces producers' margins for buying feed.
farmersadvance.comLee MielkeDec 10, 2025Not 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.
