
Federal Milk Marketing Order changes took effect June 1, including higher Class I differentials, a return to the higher-of Class I mover, and increased make allowances. Farm Bureau estimates the make allowance changes would cut farmer milk checks by about 85 to 90 cents per hundredweight across classes.
The composition factor increases were delayed until December.
Reduced farmer milk checks from higher make allowances could slow dairy herd growth, a modest factor for dairy-related feed demand.
Setelah 24 peristiwa kebijakan bearish sebelumnya, Susu (Class III) bergerak median -0,1% selama 5 sesi (33% lebih tinggi; separuh tengah -1,8% sampai +0,5%), dan -4,6% 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.