
Polish milk purchase prices rose 6% in September from August but remained 16.3% below a year earlier, at 187.11 zł per hectolitre. Internationally, milk powders are firming while butter and some cheeses remain much cheaper than last year.
Rising energy, feed and production costs threaten farm margins into winter.
Firmer global milk powder prices support dairy values, but higher energy and feed costs may squeeze producer margins and curb milk output into winter. Butter and cheese weakness limits the upside for farm-gate prices.
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.