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The March Class III milk price was $16.16 per cwt, up $1.22 from February but $2.46 below a year earlier. March Class IV rose to $18.94, and futures point to rising Class III prices through the summer.
Dairy margins firmed as feed costs held steady.
Rising futures and strong export demand support milk prices into the summer, while steady feed costs keep margins firm. Protein strength is a key driver for dairy-linked feed demand.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.