NEXT YEAR COULD BE A SPLIT YEAR for milk prices. The January to June 2019 Class III future contracts traded at a $15.10 average at the magazine’s close. July to November contracts netted a $16
THE MILK MARGIN ABOVE FEED COSTS improved to a 2018 best of $8.26 per cwt. this September as determined by the MPP-Dairy formula. Even so, it remained lower than any month in the previou
WITH A $16.40 AVERAGE for the final three months of 2018, Class III milk futures have been trading near contract highs. January to August 2019 averaged near $16.10 per cwt. at the magazine’s close
AT $14.10, THE JULY CLASS III PRICE SKID to its lowest level since February’s $13.40. On the upside, futures at the CME traded near a $15.80 average for September 2018 to February 2019
As printed in our August 10, 2018 issue . . . ALMONDS DO NOT LACTATE, said FDA Commissioner Scott Gottlieb, indicating that the agency would crack down on the use of the term “milk”...
DAIRY FUTURE PRICES RECEDED amid concerns over a looming trade war that dragged down the market. On May 1, July to December Class III future contracts averaged $16.40
STRONGER PRICE PROJECTIONS for the second half of the year lifted All-Milk price prospects. Now pegged at a $16.45 midpoint, USDA raised its 2018 price forecast by 60 cents over the last month
ON JUNE 1, THE SIGN-UP PERIOD WILL CLOSE for the new Margin Protection Program for Dairy (MPP-Dairy). Due to February legislation, this year’s coverage will be retroactive to January 1, 2018
