# The KDM Dairy Report 10/26/2024 | KDM Trading Inc

> Milk production held steady despite 38,000 fewer cows than a year earlier, rising slightly year over year. Blocks and barrels finished the week lower, while cold storage stocks were down 1% from last month and 7% from last year.

- Date: 2024-10-26 · published 2024-10-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/28021-the-kdm-dairy-report-10-26-2024-kdm-trading-inc
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Steady milk output with weaker butter and cheese prices points to softer dairy product values, which can trim dairy producers' feed demand at the margin. Lower cold storage stocks offer some near-term support.

## Read by commodity

- MILK: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2024-10-30 | 5 | -11.5% | -4.0 | Blocks and barrels finished the week of Oct 26 lower, so weaker spot cheese fed directly into Class III futures declines. |

## Sources

- kdmtrading.com: https://kdmtrading.com/2024/10/26/the-kdm-dairy-report-10-26-2024/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.