Loading…
November 2021 Class III milk futures rallied about $3.00 from a late-September low near $17 to a high of $19.99 in nineteen sessions. The rally was attributed to strong domestic and export demand for cheese and butter and lower US milk production.
Stronger dairy product demand and falling output lift milk prices, which can support dairy herd profitability and feed purchasing.
farmprogress.comNaomi BlohmOct 28, 2021Not 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.
