By Bob Cropp, Professor Emeritus, University of Wisconsin-Madison, Division of Extension Despite rather strong milk production milk prices continue to strengthen in November. The September Class III was $16.43, strengthened to $21.61 in October and November will be close to $23 surpassing the previous November record high set in 2014 at $21.94. Continued government purchases of […]

Dairy Situation and Outlook, October 20, 2020 By Bob Cropp, Professor Emeritus University of Wisconsin Division of Extension University of Wisconsin-Madison Somewhat surprising we will see considerable strength in October milk prices. Class III was $24.54 back in July but had fallen to $16.43 by September. It looks like Class III for October will increase […]

Dairy Situation and Outlook, August 19, 2020 By Bob Cropp, Professor Emeritus University of Wisconsin Cooperative Extension University of Wisconsin-Madison In mid-April on the CME 40-pound cheddar blocks were $1.00 per pound. But prices rallied with blocks setting a new record in June at $2.81 per pound and continued to increase setting another record at […]

Dairy Situation and Outlook, July 22, 2020 By Bob Cropp, Professor Emeritus University of Wisconsin Cooperative Extension University of Wisconsin-Madison Dairy product prices and milk prices continue to do the unexpected. January forecasts called for 2020 to be a recovery year with the best milk prices in 5 years. But, Covid-19 virus outbreak came along […]

Dairy Situation and Outlook, June 18, 2020 By Bob Cropp, Professor Emeritus University of Wisconsin Cooperative Extension University of Wisconsin-Madison Milk prices have been volatile, but it looks like volatility will be a record in 2020. In January, the Class III prices was $17.05. By May it had fallen to $12.14. But it looks like […]