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The May Federal Milk Order Class III price was announced at $18.57 per hundredweight, up $1.09 from April. Futures pointed to a June price of $18.74 and a peak of $19.45 in October.
Federal Milk Marketing Order reforms took effect in June, removing barrel cheese from the Class III formula.
Higher Class III milk values support dairy herd margins and sustain demand for dairy-feed inputs, while the reform shifts price discovery to block cheese futures.
dairystar.comLee Mielke2025年6月14日在过去 237 次看涨的报告事件之后，牛奶(III类) 在 5 个交易日内中位数变动 +0.0%（51% 上涨；中间一半区间为 -0.3% 至 +0.6%），20 个交易日内为 +1.2%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
