The U.S. benchmark Class III milk price pole vaulted $5.18, to $21.61 per hundredweight, highest October price since 2014, with more to come, thanks in large part to Uncle Sam’s Farmers to Families Food Box program. The November Class III futures settled Wednesday at $23.77 and December at $20.17. Courtesy of the Mielke Market Weekly
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Looking Down The Road
With Thanksgiving in the rear view mirror, the dairy industry wonders what is down the road for dairy product prices. Lee Mielke talks about it with Dairy and Food Market Analyst editor Matt Gould:
Key Milk Components
Dr. Mike Hutjens looks at milk components in this week's Feed Forum Friday:
