
September Federal Milk Marketing Order uniform milk prices fell in nine of 11 orders, averaging $19.60 per cwt, down 69 cents from August. The California order reported the lowest price at $17.31 per cwt, reflecting a sharp drop in Class IV values.
Several orders reached new lows for the year.
Lower uniform milk prices reflect weaker dairy product values and signal reduced returns to dairy producers. That can lead to lower dairy herd sizes and feed demand over time.
Setelah 273 peristiwa laporan bearish sebelumnya, Susu (Class III) bergerak median -0,2% selama 5 sesi (39% lebih tinggi; separuh tengah -1,3% sampai +0,4%), dan -1,4% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.