
USDA finalized its Federal Order dairy pricing reform, which raises the make allowance and lowers federal order minimum prices, with a producer referendum planned for December or January. Implementation timing is still unclear, though changes could begin as early as March pricing.
US cheese output is also expected to rise by nearly 20 million pounds per day by mid-2025 as processing expansions come online.
Lower minimum class prices under the reform would reduce producer milk checks, and rising cheese output adds supply pressure on cheese and milk prices.
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.