April 16, 2021: Class IV Rebounding

The pandemic has been difficult on Class IV milk and product prices during the last year. However, several factors  have been working together recently to help facilitate a rebound in Class IV milk and product prices. March Class IV  price was announced last week as $14.18 per cwt. This certainly is not where we would like to see Class IV, but it is  the highest announced Class IV price since March 2020’s $14.87. Although market uncertainty is holding back  trading volume after August 2021, current Class IV milk futures continue to improve through the rest of the spring  and summer. Read More