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September 2021 milk marketings through Federal Milk Marketing Orders followed summer trends, with Class III milk pooling more consistent. Producer price differentials were smaller but mostly positive across applicable orders, and uniform prices improved slightly from August by 10 to 49 cents per hundredweight.
Improved uniform prices and positive PPDs modestly lift farm milk checks, though prices remain depressed, which may keep dairy output and feed demand steady.
agproud.comDave NatzkeOct 15, 2021After 136 past neutral report events, Milk (Class III) moved a median -0.1% over 5 sessions (43% higher; middle half -0.7% to +0.5%), and -0.3% 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.
