March 9, 2022: Dairy Week In Review

USDA announced the February Class III price at $20.91 per cwt., up 53 cents from January and up $5.16 from a year ago. The February Class IV price was announced at $24 per cwt., up 91 cents  from January and $10.25 per cwt. from a year ago. Class III futures prices on the CME average $23.20 per cwt. for the remainder of the year, while Class IV futures prices average $24.40 per cwt. Read More