Loading…

The July Class III milk price fell $1.50 to $17.32 per hundredweight, the lowest since April 2024. Analysts cite growing milk supply as the main factor behind the decline, while domestic demand is flat and cheese exports are good.
Futures pointed to modestly higher prices for late 2025.
Rising milk supply is pressuring Class III prices, lowering dairy producer income relative to feed costs.
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.