
The May Federal Milk Order Class III price was announced at $18.57 per hundredweight, up $1.09 from April. Futures pointed to a June price of $18.74 and a peak of $19.45 in October.
Federal Milk Marketing Order reforms took effect in June, removing barrel cheese from the Class III formula.
Higher Class III milk values support dairy herd margins and sustain demand for dairy-feed inputs, while the reform shifts price discovery to block cheese futures.
Setelah 237 peristiwa laporan bullish sebelumnya, Susu (Class III) bergerak median +0,0% selama 5 sesi (51% lebih tinggi; separuh tengah -0,3% sampai +0,6%), dan +1,2% 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.