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Butterfat prices have fallen each quarter over the past year, from $3.59 to $3.02, $2.80 and then $2.68 per pound. The article attributes part of the recent softness to a June increase in the make allowance, which lowers the butterfat price.
Retail butter prices, by contrast, continued to rise.
Lower butterfat values reduce farm-level milk revenue and point to softer dairy commodity prices in the near term.
milkpay.comJohn GeussJul 23, 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.
