Markets & Management

Those of us on the dairy farm
right now are feeling the pinch of milk prices that have fallen significantly
in the past six months, with February’s Class III price announced
at $14.94 per hundredweight, up 35 cents from January
but still well below the 2025 average Class III price of $18.01. The
February Class IV price was announced at $16.29 per cwt., up $2.74
from January’s low of $13.55 per cwt. and $1.09 below last year’s
average. Looking ahead, Class IV futures milk prices have bounced
back hard, with March’s price on the CME now trading above $19.
Class III milk futures prices are taking a little longer to rebound, not
above $18 until November.

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