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A Wisconsin dairy economist expects the 2020 Class III price to average over $1 above 2019, with October near $19 and November and December in the $18s. Cheese and dry whey prices have improved from February lows, with 40-pound blocks reaching levels not seen since 2014.
Stronger cheese and whey prices lift milk returns, which can support dairy cow feed budgets and demand for dairy-linked feed ingredients.
farmprogress.comFran O'LearySep 30, 2019Not 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.
