Butterfat continues to increase in price. How much longer will this continue? Chart I below lists the record setting prices of butterfat over 25 years. Record highs for butterfat have been reached 23 times over these 25 years. Nineteen of these records have occurred at the beginning and end of these 25 years. During the first two years of the Class and Component pricing, there were 13 record high prices. For the next 12 years there were no significant record price increases. In 2014 there were three new high price records set. Following that there were another eight years with no new record price increases. In the most recent three years there have been six new record highs set.
Aug 2, 2024
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