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Milk prices remain well above year-ago levels, with Class III averaging $5.27 higher and Class IV $10.30 higher January through March. Cheese and butter prices have strengthened in April while dry whey has fallen, and April Class III is expected near $24.25.
Higher cheese and butter prices support dairy farm revenue and dairy-based feed demand, while softer whey weighs on the Class III price. Rising dairy values can support livestock feed budgets but also signal tight supply.
en.edairynews.comDamián MoraisApr 25, 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.
