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Federal Milk Marketing Order uniform prices for April 2022 rose as higher-valued Class IV milk returned to the pools. The April Class I base price reached $24.38 per cwt, close to the May 2014 record.
Higher uniform prices reflect strong dairy values, and the article suggests prices are nearing a peak. Feed buyers should watch for a plateau in milk prices.
agproud.comDave NatzkeMay 13, 2022Not 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.
