Dairy Week In Review

The dairy price index on the latest Global Dairy Trade auction was up 0.4 percent from the previous week, with all dairy products averaging $3,490 per metric ton. Cheddar cheese prices fell 2.4 percent, while butter prices were flat. Skim milk powder prices were up 2.8 percent, while whole milk powder prices fell 0.5 percent. This is the…

USDA announced the Class III milk price for April at $15.96 per hundredweight, up 92 cents from March and $1.49 per hundredweight higher than a year ago. The May Class IV milk price was announced at $15.72 per hundredweight, up 1 cent from last month and $2.24 above last May.