Whey Adds Needed Support to Class III Prices

ZISK
Nov 7
1 min read

With most CME spot dairy prices declining, dry whey prices have started to help stem the pain of falling milk prices.

“While the prices of most dairy products have come under pressure in recent weeks, whey remains a glaring exception,” says Monica Ganley, analyst for the “Daily Dairy Report” and principal of Quarterra, an agricultural consulting firm in Buenos Aires.

Rising dry whey prices, which are providing critical support to Class III milk prices, could not be occurring at a better time — especially since cheese prices have been under pressure for weeks. For every penny increase in the dry whey price, the Class III price rises by about 6¢.

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