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USDA AMS reported that CME cash Grade A nonfat dry milk closed at $2.0725 per pound on November 11, 2026, down 7.75 cents from the prior close. The report covers daily cash trading in carlot units of 41,000 to 45,000 pounds.
A lower NFDM cash price signals softer demand or ample supply of skim milk powder, which is used in animal feed rations and can weigh on feed ingredient costs. The move is a routine daily price change with no new cause identified.
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.