Loading…
Federal Milk Marketing Order uniform prices fell in all 11 orders in December 2024, with most dropping more than $1 per cwt from November. Weaker class prices and Class IV depooling contributed, and many regions reached their lowest levels since May.
Lower uniform milk prices reduce producer income and can tighten dairy herd management and feed budgets, reinforcing a bearish outlook for milk.
agproud.comDave NatzkeJan 15, 2025After 273 past bearish report events, Milk (Class III) 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.
