Milk increased 4.54 USD/CWT or 28.20% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Milk reached an all time high of 25.20 in May of 2022.
Milk is expected to trade at 20.75 USD/CWT by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 22.15 in 12 months time.