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Western U.S. milk output was steady to slightly higher in California but down year over year, with plentiful flush volumes. Arizona milk flows declined as bottlers cut orders, and New Mexico output waned in summer heat while Pacific Northwest production was level to slightly up.
Steady regional supply with strong Class II and III demand supports regional milk prices, while Arizona's freed-up milk eases balancing needs.
capitalpress.comStaff ReportsJun 25, 2022After 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.
