◂ Event Timeline

Apr 10, 2018POLICYUS

USDA: California milk prices higher in federal system

California dairy farmers are weighing whether to leave the state marketing order and join the federal milk marketing order system. A USDA Agricultural Marketing Service analysis finds gains for California farmers but negative impacts for dairy farmers in some other regions.

WHY IT MATTERS

A shift in California's pricing system could change regional milk pricing and production, with potential effects on national milk prices over time.

AFFECTSMilk (Class III)◆

SOURCE
capitalpress.comCarol Ryan DumasApr 10, 2018

Price reaction & history

Milk (Class III)◆neutralSO FAR1d -0.2%5d -0.3%20d +5.7%

After 93 past neutral policy events, Milk (Class III) moved a median -0.0% over 5 sessions (48% higher; middle half -0.6% to +0.6%), and +0.2% over 20.

Feb 26, 2024DMC enrollment to commence as USDA expects higher milk prices in 2024+3.9%
May 31, 2022Dairy group seeks clarification on milk pricing changes | Capital Press-2.9%
Nov 14, 2024USDA Agricultural Service Releases Federal Milk Marketing Order Decision - Dairy Producer-0.3%
Jan 16, 2025USDA Issues Final Rule on Amendments to the Federal Milk Marketing Orders | Agricultural Marketing Service+0.0%
Nov 8, 2017High stakes milk producers as they await action from USDA, Congress | 2017-11-07 | Agri-Pulse | Agri-Pulse Communications, Inc.+2.1%

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 ▸

——— · ·

Loading…