Loading…
August Class III milk price rose $3.42 from July to $17.19 per cwt, and Class IV rose 65 cents to $18.91. The Class II price was $19.91, and the Class IV-III spread narrowed to $1.72.
Higher Class III and IV prices lift August milk checks and support producer incomes and feed demand, while the narrower spread may shift milk toward Class IV pools.
agproud.comDave NatzkeAug 31, 2023Not 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.
