Economic update: June milk prices will reflect weak protein and Class III prices, Class IV depooling

Here’s an update of factors impacting your dairy income as the calendar turns to July.

June milk prices will reflect weak protein and Class III prices

The value of butterfat held in June, but Federal Milk Marketing Order (FMMO) uniform prices are headed lower, and the wide price spread between Class III-IV milk prices suggests Class IV depooling will be heavy.

Click here to continue reading

Dave Natzke

June 30, 2023

agproud.com