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Dairy consultant Calvin Covington told producers at a January 29 Pennsylvania meeting that 2019 Northeast Federal Order blend prices could rise $1.00 to $1.50 over 2018. He said butterfat is driving milk check value as consumers favour whole milk, butter and full-fat cheese.
He urged producers to focus on component pounds.
Stronger demand for butterfat and components supports milk values and could lift dairy-driven feed demand. The forecast is a private outlook rather than a confirmed price move.
agmoos.comAgmoosFeb 19, 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.
