
Federal Milk Marketing Order data for October 2021 showed uniform milk prices improved from September to their highest since June, with all classes up. Higher protein values and a wider Class III-IV spread, however, drove more depooling and negative producer price differentials in six of seven FMMOs.
Improved uniform prices support dairy herd economics, but negative PPDs cut farmer milk checks in most regions, which can weigh on dairy-cow numbers and feed demand over time.
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.