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Federal Milk Marketing Order administrators reported October 2022 uniform prices, which were mixed across the 11 orders. Producer price differentials were positive but lower, and the Class III-IV spread continued to affect pooling.
Florida 6 had the highest uniform price at $27.70/cwt and Upper Midwest 30 the lowest at $22.03/cwt.
Mixed regional uniform prices and falling differentials show uneven milk returns across US regions, which affects how buyers source and price dairy feed inputs.
agproud.comDave NatzkeNov 15, 2022Not 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.
