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Class III milk prices are trading in the $24 to $25 per hundredweight range. Dairy producers say demand is well supported heading into summer, with cheese demand expected to pick up as weather warms, but margins remain a concern.
Strong milk prices support dairy herd profitability and feed purchasing, though tight margins could limit expansion. Firm milk values reinforce demand for dairy-linked feed.
rrfn.comDon WickMar 28, 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.
