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HighGround's March margin outlook shows lower margins across the board. Its Q2 2025 margin estimate fell by $1.04 per cwt to $0.69, as the milk price projection dropped $1.80 per cwt, more than offsetting a sharp fall in feed costs.
Lower dairy futures are cutting expected farm margins, which could lead producers to trim herd expansion and feed purchases.
Not 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.
HighGround cut its milk price projection by $1.80 per cwt, reflecting the bearish repricing of forward milk values in the same week.