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Wisconsin dairy economist Bob Cropp expects Class III milk prices to keep falling through early June 2017, from $17.40 per cwt in December to about $15 in May. Prices are then expected to rise from June as seasonal demand returns.
Seasonal softness in milk prices through early June, followed by an expected recovery, shapes feed buyers' expectations for dairy-cow feeding costs and margins.
farmprogress.comFran O'LearyMay 1, 2017Not 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.
