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Mike North of Ever.ag says fluid milk prices are stabilizing in early 2025, supported by strong whey markets. He points to new cheese capacity in the I-29 Corridor and Texas Panhandle, and to Mexico as the largest buyer of U.S. dairy.
Export potential in South Korea, China and Southeast Asia is noted, with political and economic uncertainty there.
Rising domestic processing capacity and export dependence on Mexico could shift milk supply balances. Strong whey values are supporting milk prices.
midwestfarmreport.comCharitee SeebeckerJan 2, 2025Not 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.
