July milk prices should be the bottom
July 2023 FMMO pooling estimates, uniform prices and producer price differentials are scheduled to be released on Aug. 11-14.
Like recent months, checks for July milk marketings for many dairy farmers will reflect weak protein and Class III milk prices. And, the wide price spread between Class III-IV milk prices means Class IV depooling will remain heavy. It won't ease the financial pain, but August milk prices should start to improve.
August 3, 2023