◂ Event Timeline

Mar 2, 2020REPORTUS

January Milk Clocks in at $19.40 Per Hundredweight - Mid-West Farm Report

USDA data showed the Wisconsin all-milk price for January 2020 at $19.40/cwt, down $1.90 from December but up $3.20 year over year. The US all-milk price was $19.60/cwt, and CME block cheese closed at $1.7225/lb.

WHY IT MATTERS

Lower monthly milk prices reflect softer dairy markets, which tends to weigh on feed demand from dairy producers.

AFFECTSMilk (Class III)◆

SOURCE
midwestfarmreport.comPam JahnkeMar 2, 2020

Price reaction & history

Milk (Class III)◆neutralSO FAR1d 0.0%5d -3.6%20d -4.4%

After 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.

Nov 28, 2022Western U.S. milk and cream report | Capital Press-3.6%
Jun 25, 2022Western U.S. milk and cream report | Capital Press-7.9%
Jan 16, 2020Dairy Report: Expect Slower Growth In Milk Per Cow - EDairy News English+0.1%
Nov 22, 2018IFCN report: Higher costs, higher prices and more milk - Dairy Global-0.1%
Aug 14, 2026Dairy Product, Milk Price Forecasts Mixed In Latest USDA Projections - Cheese Reporter+0.2%

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.

Milk (Class III) MILK · GP ▸

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