Loading…
NPR interviewed dairy analyst Lee Mielke about rising milk prices, noting the benchmark Class III price rose $1.30 to $17.83/cwt, still below typical farm break-even near $18.50. Prices remain nearly $4 below a year earlier after pandemic demand disruptions.
Higher Class III milk prices raise the cost of dairy-based feed inputs and signal firmer dairy-cow economics, though prices remain below producer break-even levels.
npr.orgNov 6, 2021Not 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.
