Loading…
The Class III milk price is forecast to rise about 90 cents to around $14.30 per cwt in March, as cheese and butter prices climb. Milk cow numbers rose for several months, and NDM and dry whey stocks remain high.
Higher Class III prices improve dairy margins, but heavy NDM and whey stocks and rising cow numbers limit sustained gains in dairy ingredient demand.
farmprogress.comFran O'LearyMar 30, 2018Not 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.
