It’s been a topsy-turvy couple of weeks in the
dairy market. Despite growing milk supply around the globe – the
US included – product availability appears to be running a bit light.
That’s giving commodity prices a boost from earlier this year. Class
III prices for April through December are now sitting at $18 per hundredweight
– up about a dollar from the January lows, while Class IV
prices over the same period staged a near $4 rally from mid-January
to reach $19.60 per hundredweight.
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