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Class III milk turned in another interesting trade on Wednesday as futures markets traded as high as the limit of $1.50/cwt before decreasing and settling near 75-80 cents stronger in January and February.

Deeper Dive into PPP

If you were not able to forward contract protein commodities early this fall, there are still a few affordable protein options.

Class III milk turned in mixed results on Friday.

Government intervention creates a level of uncertainty that makes a 2021 milk price forecast nearly impossible.