Milk price futures remain supported above $18

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Milk price futures remain supported above $18.00 as market players anticipate a seasonal holiday demand spike. Technical momentum indicators show continued buying pressure, hinting at potential short-term rallies toward $18. Pham has raised prices about 10% to 15% since the 20% tariff imposed on Vietnam , where she sources most of her coffee beans, she said. More price increases could come in the future, she said, but don’t expect anything too drastic. The Class I mover is announced on or before the 23rd of the previous month. Strong retail demand for premium dairy products contributed to milk price futures trading near $18.40 per cwt in September contracts. Consumer trends are becoming a notable driver of futures market dynamics.

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