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The Center for Dairy Excellence weekly review summarizes recent USDA data: February 2025 US milk output fell 2.5% year on year, January dairy exports rose 0.5%, and Class III milk dropped 16 cents to $20.18 per cwt. Cheese stocks were 1.42 billion pounds in January, up 2% month on month.
Mixed signals from lower milk output and modestly higher exports offset softer Class III pricing, leaving dairy feed demand broadly steady.
centerfordairyexcellence.orgFeb 26, 2025After 136 past neutral report events, MILK moved a median -0.1% over 5 sessions (43% higher; middle half -0.7% to +0.5%), and -0.3% 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.
