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Dairy futures fell after USDA's Milk Production report showed the strongest milk growth in four years. Butter hit its lowest since December 2021 at $2.235, spot blocks slipped to $1.75, and Q4 Class III and IV futures made new year-to-date lows.
Rising milk flows and weaker dairy product prices lower Class III and IV milk values, which reduces dairy producers' feed-buying capacity over the coming quarter.
dairyherd.comKnow Your MarketAug 22, 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.
