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September Federal Milk Marketing Order uniform milk prices fell in nine of 11 orders, averaging $19.60 per cwt, down 69 cents from August. The California order reported the lowest price at $17.31 per cwt, reflecting a sharp drop in Class IV values.
Several orders reached new lows for the year.
Lower uniform milk prices reflect weaker dairy product values and signal reduced returns to dairy producers. That can lead to lower dairy herd sizes and feed demand over time.
agproud.comJenn CoyneOct 16, 2025After 273 past bearish report events, Milk (Class III) moved a median -0.2% over 5 sessions (39% higher; middle half -1.3% to +0.4%), and -1.4% 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.
