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Wisconsin farmers received an average of $17.90 per cwt for milk in June 2017, 50 cents above May and $3.00 above June 2016, according to USDA NASS. The U.S. average June price was $17.30 per cwt, and most major producing states saw price gains from May to June.
Higher farm-gate milk prices year over year reflect firm dairy markets, though this is a backward-looking price report with limited new supply or demand information.
wisfarmer.comAug 6, 2017After 237 past bullish report events, MILK moved a median +0.0% over 5 sessions (51% higher; middle half -0.3% to +0.6%), and +1.2% over 20.
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.
