Jun 12, 2020
By Dianne Shoemaker, Field Specialist, Dairy Production Economics - One hundred and fifty days. In only 150 days we have gone from anticipating a solid year of recovery for the dairy industry to seeing an April Class III price of $13.07 per cwt, the lowest Class III milk price in 10 years, with May announced at $12.14 on June 8th. In that same time period major market disruptions occurred for nearly every commodity with impacts all along the food chain. The response to the anticipated economic impact at the farm level has been swift, with a variety of options available to assist dairy fa