
The August 2021 Federal Order Class III milk price was announced at $15.95 per cwt, down 54 cents from July, and the Class IV price fell to $15.92. The gap between the two classes nearly disappeared, lowering the chance of negative producer price differentials.
Lower cheese and butter values pulled milk prices down, which weakens dairy farm margins and may reduce milk output and feed purchases over time.
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.