Spring Milk Prices Finally See Some Growth

Class III milk finished the day with April up 10 cents to $15.67 and May up 34 cents to $16.75, but had a daily high at 17.06 for a short window.
Class III milk finished the day with April up 10 cents to $15.67 and May up 34 cents to $16.75, but had a daily high at 17.06 for a short window.
(Canva)

Friday's rally in cheese followed through on Monday to have Class III milk testing a limit move for a few minutes. Cheddar blocks gained an additional 3 ½ cents to $1.55/lb with CHeddar Barrels up 3 ¾ cents to $1.56 3/4/lb. This had cheese gaining over 10 cents over the last couple trading sessions. Butter put in new highs for April once again at $2.97/lb up 3 cents. Grade a non fat dry milk bounced half a cent higher to $1.13 3/4/lb with just dry whey falling a penny to $0.38/lb.

Class III milk finished the day with April up 10 cents to $15.67 and May up 34 cents to $16.75, but had a daily high at 17.06 for a short window. June Class III milk gained 35 cents to $17.39 and July forward were mostly higher with NOvember down 4 cents and the balance up 4-26 cents.

Class IV milk continues to see new highs. APril - June held unchanged at $20.06, 30.24, and 20.50/cwt respectively with the balance of the Year over $21/cwt. 

Grain and Feed markets continued to tread water sideways with Corn up 1 ¼ cent to $4.35 1/2, Soybeans fell 3 ½ cents to $11.81 ½ with soybean meal finding some support and gaining $2.90 to $339.10/ton.

With Ever.Ag this is Jenny Wackershauser for Know your Markets

Tags

Butter Cheese Milk - General Milk Prices
 

Latest News

Business
Female Empowerment is Strong at Miltrim Farms
Female Empowerment is Strong at Miltrim Farms

Growing up with a long line of strong women, Jessica Pralle-Trimner, a Wisconsin dairy farmer, does not back down from hard work and wholeheartedly believes women play an integral role on dairy farms across the U.S.

Karen Bohnert
Education
Facility Focus: Five Strategies to Reduce Calf Heat Stress
Facility Focus: Five Strategies to Reduce Calf Heat Stress

As temperatures begin to creep their way higher, consider these strategies to help keep calves cool and healthy during the heat of the summer.

Taylor Leach
Business
Seven Common Threads of Top-Producing Herds
Seven Common Threads of Top-Producing Herds

What are the common characteristics of top-producing herds that best the competition?

Maureen Hanson
Policy
APHIS To Require Electronic Animal ID for Certain Cattle and Bison
APHIS To Require Electronic Animal ID for Certain Cattle and Bison

APHIS issued its final rule on animal ID that has been in place since 2013, switching from solely visual tags to tags that are both electronically and visually readable for certain classes of cattle moving interstate.

Greg Henderson
Education
What Should You Financially Consider Before Investing in Technology?
What Should You Financially Consider Before Investing in Technology?

With financial challenges facing dairy farms, Curtis Gerrits with Compeer Financial, says it is essential for producers to evaluate how these technology investments impact their farm’s overall financial position.

Karen Bohnert
Business
Fairlife Forms New Partnership with Olympic Gold Medalist Katie Ledecky
Fairlife Forms New Partnership with Olympic Gold Medalist Katie Ledecky

The Katie Ledecky partnership with fairlife's Core Power will leverage her authentic recovery moments to help educate and inspire athletes of all levels around the importance of post-workout recovery.

Taylor Leach
View More