
Administrators of the 11 Federal Milk Marketing Orders reported August 2022 uniform milk prices, which fell from July after record highs in June. Seven FMMOs saw uniform prices drop by more than $1/cwt, led by Class III-heavy regions, as lower protein values pressured Class III prices.
Class I base price fell 74 cents to $25.13/cwt.
Lower Class III values, driven by weaker protein prices, reduce US farm milk returns and signal softer dairy feed-demand expectations. The downtrend in US milk prices is bearish for MILK.
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.