
Dutch milk supply stayed on a downward trend in October, though it rose month on month. Compared with October last year, deliveries were down 3.7% in kilograms and fat production was down 3.2%.
Average fat content was 4.54%, and protein for September was 3.6%, roughly unchanged from last year.
Shrinking Dutch milk output tightens dairy supply in Europe and gives mild support to milk prices and dairy product values.
After 664 past report events, Milk (Class III) moved a median -0.1% over 5 sessions (44% higher; middle half -0.7% to +0.5%), and -0.1% 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.