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Dairy markets gained as domestic and export demand improved in recent weeks, lifting Class III futures in a rally. Analysts describe the outlook as positive, following a late-2024 dip caused by higher milk production.
USDA reported November milk output of 17.2 billion pounds, slightly below year-ago levels.
Firmer demand and slightly lower milk supply support dairy product prices and milk returns, which can improve dairy producers' feed purchasing power.
brownfieldagnews.comMark DorenkampJan 8, 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.
