Loading…
Weaker dairy product prices have pushed milk prices lower, with Class III falling from a November peak of $16.88 to about $14.00 in January. Cheese and block prices strengthened in February, and the Class III price could reach about $14.25 in March.
Dry whey remains weak near $0.25 per pound and is limiting Class III gains.
Firmer cheese prices could modestly lift milk values in March, but weak whey and rising dairy output keep the outlook soft. Buyers of dairy-based feed should expect limited price support near term.
hoards.comInterPuls acquires ADFFeb 21, 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.
