
The USDA announced the March federal order Class III milk price at $16.15 per cwt, up 40 cents from February and the highest since November 2020. The March Class IV price rose 99 cents to $14.18.
Class III futures settlements pointed to higher prices for April through December.
The rise in Class III and Class IV prices lifts producer milk checks and improves dairy margins against feed costs. Futures levels point to continued firmness in milk prices ahead.
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.