Reports

Dairy Economics Report (July 2017)

Dairy Economics Report (July 2017)

7/31/2017

If milk continues to increase less than 2% and exports continue to improve, the Class III price could be back to near $16.50 by August and reaching the low $17’s for October and November with an average for the year $16.45 to $16.75 compared to $14.87 in 2016. The August Class IV price could be near $16.60 and in the $17’s September through November and averaging $15.90 to $16.10 for the year compared to $13.75 in 2016. But, any changes in milk production or exports could push these prices either higher or lower.

Tags: Dairy Prices, Reports