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US Class III and IV milk futures on CME rose after Winter Storm Fern disrupted collections across Texas and the Midwest. Some farmers had milk uncollected or were forced to dump it, and consumers hoarded groceries.
Weather-driven milk supply disruption raised US dairy futures, and cold temperatures may further reduce milk output per cow.
en.boerenbusiness.nlKlaas van der HorstFeb 2, 2026After 32 past bullish weather events, Milk (Class III) moved a median +0.1% over 5 sessions (50% higher; middle half -0.7% to +3.4%), and +3.2% 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.
Winter Storm Fern disrupted milk collections and caused dumping, a short-term supply shock that lifted CME Class III and IV futures just before the move.
