Milk prices projected a tad higher

 Resize text         Printer-friendly version of this article Printer-friendly version of this article

Milk price estimates for 2013 were adjusted slightly higher in the USDA’s latest “World Agricultural Supply and Demand Estimates” report.

The report, released on Monday, showed that Class III milk prices are expected to average $17.80 to $18.00 per hundredweight, compared to last month’s estimate of $17.65 to $17.95. The all-milk price is expected to average $19.60 to $19.80.   

“Robust demand for r nonfat dry milk supports increased price forecasts for 2013 and 2014,” the USDA explained in the report.

The expected corn price was raised by 10 cents from last month. The range is projected to be $4.50 to $5.30 per bushel in the marketing year that begins Sept. 1.

Read the report here.

Comments (0) Leave a comment 

e-Mail (required)


characters left

Biotal Forage Inoculants

"Biotal offers a range of forage inoculants proven to help win the battle to preserve feed quality and value. Call ... Read More

View all Products in this segment

View All Buyers Guides

Feedback Form
Leads to Insight