It’s official, Class III milk headed to the cheese vat will be priced far higher than all other classes. That’s because the cheese markets rallied in short order
Class III milk, not Class I, could be the price leader in June milk checks. “June’s Class III price (driven by cheese price gains) is expected to jump over $7 per hundredweight (cwt.)
For those who aren’t familiar with the Federal Milk Marketing Orders, the Class III milk price is the minimum price of milk that cheese plants are supposed to pay dairy farmers
This welcome subject line appeared in my email box a week ago, a response to last week’s Intel item about how Class III milk futures prices are looking much better for the last eight months of the...