January 2, 2020: Dairy Week in Review

Class III prices over the next 12 months are down, relative to the end of November. Class III futures price averages $17.53 per hundredweight, down $0.40 from this time last month. However, the Class IV futures price is averaging $17.76 for the next 12 months, virtually the same as the end of November, up 5 cents from the end of last month. Both Class III and Class IV prices remain well above their five-year averages of $15.65 and $14.76 per hundredweight, respectively. Read More