Dairy risk management calendar: September 2024
- amy55735
- Aug 29, 2024
- 1 min read
Futures prices for milk and feed are looking favorable for dairy producers with the fourth quarter of 2024 on the horizon. At the time of this report, the all-milk price forecast was at a staggering $25.06 per hundredweight (cwt) for September and feed costs were at $10.27 per cwt, the lowest since 2020.
“The margin outlook for producers looks fantastic,” says Alex Gambonini of HighGround Dairy.
Yet uncertainty is certain, and producers should consider risk management strategies to secure their profitability in September.
Jenn Coyne
August 28, 2024
Comments