U.S. dairy producer November milk checks are likely weakening to end the year.

After peaking last month, U.S. dairy producer milk checks in many marketing areas are likely headed lower during the fourth quarter of the year.

Dairy producers visiting World Dairy Expo are seeing some of the best cows in the U.S. Returning home, many could see some of the strongest milk checks in almost two years.

Monthly Class III-IV milk prices are the highest since the closing months of 2022, a sign Federal Milk Marketing Orders (FMMOs) will post stronger blend prices for August milk marketings.

With Class III-IV milk prices mixed compared to a month earlier, high Class I milk utilization FMMOs should see the strongest blend prices for July milk marketings.