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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

Milk margins hit basement

For the month of June the U.S. Department of Agriculture’s Farm Service Agency reported a milk margin of $3.65 per hundredweight more than feed costs, the smallest margin since the

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The Farmer s Exchange Online Benchmark Milk Price, at $13 77, Nosedives to 3-Year Low in July

The Farmer s Exchange Online Benchmark Milk Price, at $13 77, Nosedives to 3-Year Low in July
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Republic ofNew zealandUnited statesLucas fuessDustin winstonLee mielkeAgriculture organizationIngredient hedgingNational milk producers federationRabo bankBenchmark milk priceYear lowMarket weeklyJune dairy margin coverageNational milk producersMargin watch