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Idaho's average farm-level milk price hit a record $26.10 per cwt in March, up from $17.60 a year earlier. Dairy production costs have risen sharply, with break-even now near $20 per cwt, and feed costs are a major pressure.
High milk prices support dairy demand for feed, while rising feed costs squeeze producer margins and may limit herd expansion.
idahofb.orgMay 31, 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.
