Loading…

The USDA February 2025 Dairy Products Report showed butter production up 2.6% year over year while cheese fell 2.2%. Nonfat dry milk inventories rose about 57% year over year to multi-year highs.
Heavy powder stocks and rising butter output point to weaker skim-milk values and pressure on Class III and IV milk prices.
After 273 past bearish report events, MILK 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.