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
CLASS III FUTURES CLIMBED 75 CENTS per hundredweight during early March to late April trading on the CME. May to December contracts averaged $16.05, with a September and October high of $16.50
