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Federal Milk Marketing Order administrators reported March 2022 uniform prices, with all class prices up from February. The Class I base price reached $22.88 per cwt, the highest since November 2014, and the Class I mover formula reduced producer payments.
Strong Class I and Class IV prices reflect firm dairy values that support milk production economics. The data confirm elevated milk prices but do not introduce a new supply shock.
agproud.comDave NatzkeApr 14, 2022After 237 past bullish report events, MILK 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.
