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Milk futures are approaching oversold levels after months of heavy selling. The second-month Class III contract fell about 31% from its September 2024 peak to roughly $17.00 per cwt.
Dairy spot products are in a steady downtrend and margins are tightening.
Technical signals suggest a possible price bottom, but weak demand and trade disruptions limit upside. Feed buyers should watch dairy-derived ingredient prices for a potential turn.
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.