
February Federal Milk Marketing Order Class II, III and IV prices all rose from January, driven by improvements in nonfat dry milk and whey. The Class I base price fell to $14.70 per cwt, the lowest since June 2020.
February pooling estimates and uniform prices are due March 9-14.
Higher Class II, III and IV prices lift the milk price outlook for US producers after a weak start to the year. The low Class I base still signals ample supply and limits upside for milk prices.
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.