
The October Class III milk price rose to $21.61/cwt, up $5.18 from September, driven by protein values lifted by cheese prices tied to USDA food box purchases. The October Class IV price was $13.47/cwt, up 72 cents from September.
Negative producer price differentials continued in several federal milk marketing orders as COVID-19 cases rose.
Strong cheese and protein prices support milk values, which can raise dairy-farm margins and improve demand for dairy-related feed, though the rally depends heavily on government purchases.
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.