Laden…
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.
agproud.comDave Natzke14 nov 2020Na 237 eerdere opwaarts rapport-gebeurtenissen bewoog Melk (Class III) zich mediaan +0,0% over 5 sessies (51% hoger; middelste helft -0,3% tot +0,6%), en +1,2% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
