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The latest research relating to greenhouse gas emissions is our topic with Dr. Mike Hutjens:
The Agriculture Department announced the June Federal order Class III milk price at $24.33 per hundredweight, down 88 cents from May but $7.12 above June 2021.
That put the 2022 Class III average at $22.95, up from $16.96 at this time a year ago, $16.09 in 2020, and $15.25 in 2019.
The June Class IV price set another new record high at $25.83, up 84 cents from May, and $9.48 above a year ago. Its average sits at $24.67, up from $14.84 a year ago, $13.78 in 2020, and $15.98 in 2019. Courtesy of the Mielke Market Weekly
May milk production was down again. Lee Mielke discusses with analyst Matt Gould:
Dr. Mike Hutjens joins us for another installment of Feed Forum Friday:
The Fed put a patch on the gaping hole called inflation, by way of a 75 basis point interest rate hike. StoneX dairy broker Dave Kurzawski talks with Lee Mielke about what that means for the dairy industry: