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Cheese prices may have shot up too fast and too high

The July federal order Class III benchmark milk price hit bottom, falling to $13.77 per hundredweight (cwt.), down $1.14 from June.

Republic ofNew zealandUnited statesDustin winstonLee mielkeBill brooksLucas fuessNational milk producers federation itAgriculture organizationIngredient hedgingBrown institute in minneapolisRabo bank senior dairy analystStoneheart consultingBrooks milkJune dairy margin coverageNational milk producers federation

Dairy farm profitability here at home took a hit in December

The U.S. Department of Agriculture announced the January 2023 federal order class III benchmark milk price at $19.43 per hundredweight.

North islandNew zealand generalNew zealandUnited statesSouth islandEast north africaBill brooksJim mulhernLee mielkeDave kurzawskiNational milk producers federationUs department of agricultureIngredient hedgingUs dairy export councilInternational dairy foods associationNational cattle herd

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