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Federal Milk Marketing Order changes took effect June 1, including higher Class I differentials, a return to the higher-of Class I mover, and increased make allowances. Farm Bureau estimates the make allowance changes would cut farmer milk checks by about 85 to 90 cents per hundredweight across classes.
The composition factor increases were delayed until December.
Reduced farmer milk checks from higher make allowances could slow dairy herd growth, a modest factor for dairy-related feed demand.
brownfieldagnews.comLarry Lee2025年6月5日在过去 24 次看跌的政策事件之后，牛奶(III类) 在 5 个交易日内中位数变动 -0.1%（33% 上涨；中间一半区间为 -1.8% 至 +0.5%），20 个交易日内为 -4.6%。
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。
