Milk future prices fell dramatically this week, with the April Class III milk ice dipping below $16 per hundredweight and the average Class III milk price now at $16.23 per cwt. Class IV milk prices for the next six months now average $15.57 per cwt. Class III futures prices for the next six months have fallen more than a dollar in the past two months, while Class IV milk prices are down nearly $2 in the past two months. Read More
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