January 6, 2023: Tighter Margins Expected in 2023

January 3, 2023 marked the first day of trading in the new year. Unfortunately, Class III and Class IV milk prices continued the downward trends that started last year. To start 2023, there are a  lot of market dynamics that are pressuring milk prices to continue to move lower. With a larger, more efficient herd size, more robust international supply and input costs remaining high, margins  during 2023 will not be as positive as they were in 2022.  Read More