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December 2021 uniform milk prices in federal milk marketing orders reached their highest level in more than seven years. Class I, II, III and IV prices all rose from November, with Class IV at a seven-year high of $19.88 per hundredweight.
Higher class prices across all milk uses lift farm milk checks and reflect firm dairy product demand and tight supplies.
agproud.comDave NatzkeJan 14, 2022After 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.
