Loading…
Washington Dairygrams reports Class III contracts in a $17 to $17.80 range, with September to December averaging $17.50 and spot cheddar blocks near $1.90. Early trading implied a $16.70 Class III price for January to July 2020, and USDA pegged 2020 All-Milk at $18.80.
Firm forward milk pricing and strong dairy product values support dairy herd profitability and feed purchasing, while cull and heifer dynamics reflect herd management decisions.
hoards.comCorey GeigerAug 21, 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.
