Markets & Management

Welcome to spring! There is warmth in the air with the smell of flowers and fresh earth to enjoy. In addition to the sights and smells of spring, my favorite spring sound is spring peepers in the  evenings. Milk price continues to heat up as we move into the spring as well. Class III and IV milk prices continued to increase through March. Class III increased more drastically than did Class  IV. The 12-month average Class III price improved $1.67 per cwt since the end of February to $23.42 as of the March 21 closing prices. The Class IV 12-month average milk price increased an  additional 70 cents over the last few weeks to $24.32 per cwt. The announced February Class IV milk price of $24.00 per cwt set a record. Read More