Loading…
Wisconsin dairy farmers are receiving record milk prices, with the May Class III price reaching $25.21 per cwt. Experts say the rally reflects reduced cow numbers and below-normal production per cow, while high fuel and feed costs are eroding margins.
Tight milk supply supports dairy prices, but rising feed and input costs may lead farmers to cut herds further, which would reduce future demand for feed. Experts warn that high costs could outlast the price peak.
wpr.orgHope KirwanJun 7, 2022Not enough comparable past events yet for a historical read.
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.
