← All Assets Class III Milk (CME)
← All Assets

Class III Milk (CME)

Seasonal Tendency Analysis · 5-YR · 15-YR · 25-YR · Moore Research Center
5-Year Seasonal
15-Year Seasonal
25-YR Seasonal
Combined Bias
Bullish
Bearish
Choppy
Combined Bias — All Timeframes Aligned

Click any month row to expand week-by-week breakdown. Current month opens automatically.

Month 5-YR15-YR25-YR SignalConvictionTrade Note
Claude AI — Week-by-Week Bias Analysis
Claude Sonnet · Live Analysis
Awaiting analysis run...
5-Year Seasonal Outlook
MonthBiasOverviewWeekly DetailNotes
January BEAR Recovering from December's catastrophic crash. 25-YR at ~20–25 (depressed). 15-YR at ~30. 5-YR at near-0 after December crash. February annual low in sight. The milk seasonal begins the year at depressed levels and the annual low is in February.
Wk1 ↓
Wk2 ↓
Wk3 ↓
Wk4 ↓
BEAR — post-December-crash lows; 5-YR near 0; 25-YR depressed
February BEAR ANNUAL LOW: All three TFs at their year's lowest point in February. 25-YR at ~15–20. 15-YR at ~20–25. 5-YR at near-0. Winter milk production cycle drives seasonal weakness. The September THREE-WAY peak of ~100 is the target from this February trough — a 100-point recovery.
Wk1 ↓
Wk2 ↓
Wk3 ~
Wk4 ↑
ANNUAL LOW — all TFs at year's lowest point; trough then recovery
March BULL Strong recovery from February annual low. 25-YR from ~15 to ~35. 15-YR from ~20 to ~40. 5-YR from near-0 to ~20. The spring flush period — increased milk production but forward demand premium builds. Hold longs from February through September.
Wk1 ↑
Wk2 ↑
Wk3 ↑
Wk4 ↑
LONG — recovery from February trough; all TFs recovering strongly
April BULL Spring bull continuation. 25-YR from ~35 to ~50. 15-YR from ~40 to ~55. 5-YR from ~20 to ~35. The extended bull from February through September is one of the longest sustained directional moves in the dairy complex.
Wk1 ↑
Wk2 ↑
Wk3 ↑
Wk4 ↑
LONG — spring bull; all TFs recovering toward mid-range
May BULL Bull acceleration. 25-YR from ~50 to ~65. 15-YR from ~55 to ~70. 5-YR from ~35 to ~55. Cheese and butter demand builds into summer. September three-way peak is approaching. Hold longs.
Wk1 ↑
Wk2 ↑
Wk3 ↑
Wk4 ↑
LONG — bull acceleration; all TFs heading toward June-September peak zone
June BULL 25-YR from ~65 to ~80. 15-YR from ~70 to ~85. 5-YR from ~55 to ~70. All three TFs approaching high territory. September's three-way simultaneous peak of ~100 is the seasonal target. Hold all longs.
Wk1 ↑
Wk2 ↑
Wk3 ↑
Wk4 ↑
LONG — strong bull; all TFs approaching 80+; September 100 loading
July BULL Final surge toward September three-way peak. 25-YR from ~80 to ~90. 15-YR from ~85 to ~95. 5-YR from ~70 to ~85. All three TFs approach 100. The September exit is one month away. Hold maximum longs.
Wk1 ↑
Wk2 ↑
Wk3 ↑
Wk4 ↑
LONG — final surge to September peak; all TFs at 85–90
August BULL All three TFs at or approaching 100. The seasonal high is very close. 25-YR at ~95+. 15-YR at ~95+. 5-YR at ~90+. Hold longs — the September simultaneous three-way peak is the exit. Don't exit early in August; hold for the September signal.
Wk1 ↑
Wk2 ↑
Wk3 ↑
Wk4 ↑
LONG — at peak zone; all TFs near 100; hold for September exit
September BULL THE defining seasonal event in Class III Milk. ALL THREE TFs simultaneously hit 100 in September — the year's absolute peak. Then THE CATASTROPHIC CRASH begins. 5-YR crashes from 100 to 5.99 at year-end (essentially 0). 25-YR falls from 100 to 18.63. 15-YR falls from 100 to 26.41. EXIT ALL LONGS at September peak; FLIP SHORT aggressively.
Wk1 ↑
Wk2 ↓
Wk3 ↓
Wk4 ↓
THREE-WAY 100 → CATASTROPHIC CRASH; December 5-YR = 5.99
October BEAR Catastrophic crash continues. 5-YR from ~80 to ~30. 25-YR from ~80 to ~50. 15-YR from ~80 to ~55. December's 5-YR=5.99 target is in sight. The post-September collapse is one of the most extreme seasonal moves in the agricultural complex. Hold shorts.
Wk1 ↓
Wk2 ↓
Wk3 ↓
Wk4 ↓
SHORT — catastrophic crash continues; 5-YR heading to near 0
November BEAR Final crash leg. 5-YR from ~30 to ~10. 25-YR from ~50 to ~25. 15-YR from ~55 to ~30. December's catastrophic year-end close is imminent. Hold shorts into December. 5-YR at 5.99 by year-end is one of the most extreme reference values in the entire dataset.
Wk1 ↓
Wk2 ↓
Wk3 ↓
Wk4 ↓
SHORT — crash final leg; 5-YR heading to near 0
December BEAR YEAR-END CATASTROPHIC CLOSE. 5-YR=5.99 — essentially 0. This is the most extreme year-end reference value in the entire seasonal dataset. 25-YR=18.63. 15-YR=26.41. The milk seasonal year ends in collapse. February will be the annual low (all TFs at ~15–20), and then the entire 100-point recovery begins again.
Wk1 ↓
Wk2 ↓
Wk3 ↓
Wk4 ↓
YEAR-END CATASTROPHE — 5-YR=5.99 (essentially 0); 25-YR=18.63; 15-YR=26.41
15-Year Seasonal Outlook
MonthBiasOverviewWeekly DetailNotes
January CHOP Recovering from December's catastrophic crash. 25-YR at ~20–25 (depressed). 15-YR at ~30. 5-YR at near-0 after December crash. February annual low in sight. The milk seasonal begins the year at depressed levels and the annual low is in February.
Wk1 ↓
Wk2 ~
Wk3 ~
Wk4 ~
BEAR — post-December-crash lows; 5-YR near 0; 25-YR depressed
February BEAR ANNUAL LOW: All three TFs at their year's lowest point in February. 25-YR at ~15–20. 15-YR at ~20–25. 5-YR at near-0. Winter milk production cycle drives seasonal weakness. The September THREE-WAY peak of ~100 is the target from this February trough — a 100-point recovery.
Wk1 ↓
Wk2 ↓
Wk3 ~
Wk4 ↑
ANNUAL LOW — all TFs at year's lowest point; trough then recovery
March BULL Strong recovery from February annual low. 25-YR from ~15 to ~35. 15-YR from ~20 to ~40. 5-YR from near-0 to ~20. The spring flush period — increased milk production but forward demand premium builds. Hold longs from February through September.
Wk1 ↑
Wk2 ↑
Wk3 ↑
Wk4 ↑
LONG — recovery from February trough; all TFs recovering strongly
April BULL Spring bull continuation. 25-YR from ~35 to ~50. 15-YR from ~40 to ~55. 5-YR from ~20 to ~35. The extended bull from February through September is one of the longest sustained directional moves in the dairy complex.
Wk1 ↑
Wk2 ↑
Wk3 ↑
Wk4 ↑
LONG — spring bull; all TFs recovering toward mid-range
May BULL Bull acceleration. 25-YR from ~50 to ~65. 15-YR from ~55 to ~70. 5-YR from ~35 to ~55. Cheese and butter demand builds into summer. September three-way peak is approaching. Hold longs.
Wk1 ↑
Wk2 ↑
Wk3 ↑
Wk4 ↑
LONG — bull acceleration; all TFs heading toward June-September peak zone
June BULL 25-YR from ~65 to ~80. 15-YR from ~70 to ~85. 5-YR from ~55 to ~70. All three TFs approaching high territory. September's three-way simultaneous peak of ~100 is the seasonal target. Hold all longs.
Wk1 ↑
Wk2 ↑
Wk3 ↑
Wk4 ↑
LONG — strong bull; all TFs approaching 80+; September 100 loading
July BULL Final surge toward September three-way peak. 25-YR from ~80 to ~90. 15-YR from ~85 to ~95. 5-YR from ~70 to ~85. All three TFs approach 100. The September exit is one month away. Hold maximum longs.
Wk1 ↑
Wk2 ↑
Wk3 ↑
Wk4 ↑
LONG — final surge to September peak; all TFs at 85–90
August BULL All three TFs at or approaching 100. The seasonal high is very close. 25-YR at ~95+. 15-YR at ~95+. 5-YR at ~90+. Hold longs — the September simultaneous three-way peak is the exit. Don't exit early in August; hold for the September signal.
Wk1 ↑
Wk2 ↑
Wk3 ↑
Wk4 ↑
LONG — at peak zone; all TFs near 100; hold for September exit
September BULL THE defining seasonal event in Class III Milk. ALL THREE TFs simultaneously hit 100 in September — the year's absolute peak. Then THE CATASTROPHIC CRASH begins. 5-YR crashes from 100 to 5.99 at year-end (essentially 0). 25-YR falls from 100 to 18.63. 15-YR falls from 100 to 26.41. EXIT ALL LONGS at September peak; FLIP SHORT aggressively.
Wk1 ↑
Wk2 ↓
Wk3 ↓
Wk4 ↓
THREE-WAY 100 → CATASTROPHIC CRASH; December 5-YR = 5.99
October BEAR Catastrophic crash continues. 5-YR from ~80 to ~30. 25-YR from ~80 to ~50. 15-YR from ~80 to ~55. December's 5-YR=5.99 target is in sight. The post-September collapse is one of the most extreme seasonal moves in the agricultural complex. Hold shorts.
Wk1 ↓
Wk2 ↓
Wk3 ↓
Wk4 ↓
SHORT — catastrophic crash continues; 5-YR heading to near 0
November BEAR Final crash leg. 5-YR from ~30 to ~10. 25-YR from ~50 to ~25. 15-YR from ~55 to ~30. December's catastrophic year-end close is imminent. Hold shorts into December. 5-YR at 5.99 by year-end is one of the most extreme reference values in the entire dataset.
Wk1 ↓
Wk2 ↓
Wk3 ↓
Wk4 ↓
SHORT — crash final leg; 5-YR heading to near 0
December BEAR YEAR-END CATASTROPHIC CLOSE. 5-YR=5.99 — essentially 0. This is the most extreme year-end reference value in the entire seasonal dataset. 25-YR=18.63. 15-YR=26.41. The milk seasonal year ends in collapse. February will be the annual low (all TFs at ~15–20), and then the entire 100-point recovery begins again.
Wk1 ↓
Wk2 ↓
Wk3 ↓
Wk4 ↓
YEAR-END CATASTROPHE — 5-YR=5.99 (essentially 0); 25-YR=18.63; 15-YR=26.41
25-YR (1995–2019) Seasonal Outlook
MonthBiasOverviewWeekly DetailNotes
January BEAR Recovering from December's catastrophic crash. 25-YR at ~20–25 (depressed). 15-YR at ~30. 5-YR at near-0 after December crash. February annual low in sight. The milk seasonal begins the year at depressed levels and the annual low is in February.
Wk1 ↓
Wk2 ↓
Wk3 ↓
Wk4 ↓
BEAR — post-December-crash lows; 5-YR near 0; 25-YR depressed
February BEAR ANNUAL LOW: All three TFs at their year's lowest point in February. 25-YR at ~15–20. 15-YR at ~20–25. 5-YR at near-0. Winter milk production cycle drives seasonal weakness. The September THREE-WAY peak of ~100 is the target from this February trough — a 100-point recovery.
Wk1 ↓
Wk2 ↓
Wk3 ~
Wk4 ↑
ANNUAL LOW — all TFs at year's lowest point; trough then recovery
March BULL Strong recovery from February annual low. 25-YR from ~15 to ~35. 15-YR from ~20 to ~40. 5-YR from near-0 to ~20. The spring flush period — increased milk production but forward demand premium builds. Hold longs from February through September.
Wk1 ↑
Wk2 ↑
Wk3 ↑
Wk4 ↑
LONG — recovery from February trough; all TFs recovering strongly
April BULL Spring bull continuation. 25-YR from ~35 to ~50. 15-YR from ~40 to ~55. 5-YR from ~20 to ~35. The extended bull from February through September is one of the longest sustained directional moves in the dairy complex.
Wk1 ↑
Wk2 ↑
Wk3 ↑
Wk4 ↑
LONG — spring bull; all TFs recovering toward mid-range
May BULL Bull acceleration. 25-YR from ~50 to ~65. 15-YR from ~55 to ~70. 5-YR from ~35 to ~55. Cheese and butter demand builds into summer. September three-way peak is approaching. Hold longs.
Wk1 ↑
Wk2 ↑
Wk3 ↑
Wk4 ↑
LONG — bull acceleration; all TFs heading toward June-September peak zone
June BULL 25-YR from ~65 to ~80. 15-YR from ~70 to ~85. 5-YR from ~55 to ~70. All three TFs approaching high territory. September's three-way simultaneous peak of ~100 is the seasonal target. Hold all longs.
Wk1 ↑
Wk2 ↑
Wk3 ↑
Wk4 ↑
LONG — strong bull; all TFs approaching 80+; September 100 loading
July BULL Final surge toward September three-way peak. 25-YR from ~80 to ~90. 15-YR from ~85 to ~95. 5-YR from ~70 to ~85. All three TFs approach 100. The September exit is one month away. Hold maximum longs.
Wk1 ↑
Wk2 ↑
Wk3 ↑
Wk4 ↑
LONG — final surge to September peak; all TFs at 85–90
August BULL All three TFs at or approaching 100. The seasonal high is very close. 25-YR at ~95+. 15-YR at ~95+. 5-YR at ~90+. Hold longs — the September simultaneous three-way peak is the exit. Don't exit early in August; hold for the September signal.
Wk1 ↑
Wk2 ↑
Wk3 ↑
Wk4 ↑
LONG — at peak zone; all TFs near 100; hold for September exit
September BULL THE defining seasonal event in Class III Milk. ALL THREE TFs simultaneously hit 100 in September — the year's absolute peak. Then THE CATASTROPHIC CRASH begins. 5-YR crashes from 100 to 5.99 at year-end (essentially 0). 25-YR falls from 100 to 18.63. 15-YR falls from 100 to 26.41. EXIT ALL LONGS at September peak; FLIP SHORT aggressively.
Wk1 ↑
Wk2 ↓
Wk3 ↓
Wk4 ↓
THREE-WAY 100 → CATASTROPHIC CRASH; December 5-YR = 5.99
October BEAR Catastrophic crash continues. 5-YR from ~80 to ~30. 25-YR from ~80 to ~50. 15-YR from ~80 to ~55. December's 5-YR=5.99 target is in sight. The post-September collapse is one of the most extreme seasonal moves in the agricultural complex. Hold shorts.
Wk1 ↓
Wk2 ↓
Wk3 ↓
Wk4 ↓
SHORT — catastrophic crash continues; 5-YR heading to near 0
November BEAR Final crash leg. 5-YR from ~30 to ~10. 25-YR from ~50 to ~25. 15-YR from ~55 to ~30. December's catastrophic year-end close is imminent. Hold shorts into December. 5-YR at 5.99 by year-end is one of the most extreme reference values in the entire dataset.
Wk1 ↓
Wk2 ↓
Wk3 ↓
Wk4 ↓
SHORT — crash final leg; 5-YR heading to near 0
December BEAR YEAR-END CATASTROPHIC CLOSE. 5-YR=5.99 — essentially 0. This is the most extreme year-end reference value in the entire seasonal dataset. 25-YR=18.63. 15-YR=26.41. The milk seasonal year ends in collapse. February will be the annual low (all TFs at ~15–20), and then the entire 100-point recovery begins again.
Wk1 ↓
Wk2 ↓
Wk3 ↓
Wk4 ↓
YEAR-END CATASTROPHE — 5-YR=5.99 (essentially 0); 25-YR=18.63; 15-YR=26.41
Live Price Chart  ·  TradingView — Weekly
Chart by TradingView
Seasonal data source: Moore Research Center © 2020 · Class III Milk CME (DC) · 25-Year Seasonal (1995–2019) · 15-Year · 5-Year overlays. Reference: 25-YR=18.63, 15-YR=26.41, 5-YR=5.99 at 02 Jan 2020.
This analysis is based on historical seasonal tendencies only and does not constitute financial advice. Past seasonals do not guarantee future performance. © 2026 Kaminari Precision Trading. All rights reserved.  ·  Dashboard interface design and analysis framework by Kaminari Precision Trading. Seasonal tendency data sourced from Moore Research Center.