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Mild winter weather has lifted U.S. milk production across many regions. A forecast cold snap could raise operating costs and challenge farms.
Surplus cream from slowed holiday churning has weighed on butter, and nonfat dry milk prices have fallen closer to global levels.
Higher milk output and surplus cream add supply pressure on dairy products, while a cold snap could curb output and raise costs.
thebullvine.comJan 4, 2025After 42 past weather events, Milk (Class III) moved a median +0.2% over 5 sessions (52% higher; middle half -0.9% to +2.5%), and +2.0% 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.
