Loading…
USDA's Dairy Market Report for October 2024 shows US fluid milk consumption up 1.6% in August and total milk production declining while components rise. The US exported over 17% of milk solids production for three consecutive months, and national dairy product prices hit 2024 highs in September.
Strong exports and component-driven product output tighten dairy supplies, supporting milk prices and demand for dairy byproducts.
issuu.comOct 23, 2024After 237 past bullish report events, Milk (Class III) moved a median +0.0% over 5 sessions (51% higher; middle half -0.3% to +0.6%), and +1.2% 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.
