Dairy seeing highest milk prices in five years – eDairyNews
United States |18 septiembre, 2019

Milk | Dairy seeing highest milk prices in five years

Dairy producers are the go-to example of how the agriculture industry has been hurt.

We have seen the decline of producers. We watched the ugly downturn in the markets. We watched as Congress debated new ways to help them stay afloat. Now, they have a slight glimmer of hope.

As of press time, the October Class 3 milk price is up 50 cents, sitting at $19.70. These are prices the dairy industry hasn’t seen in half a decade. Brian Doherty of Stewart Peterson explains what has been happening.

The prices hit this level back last Thursday. Doherty says traders appeared to be doing more short covering.

Dairy has been taking it hard these past years. Not many people in Ag can say they don’t know a dairy farmer who had to call it quits. The eternal optimists have always been saying it will, “eventually turn around. It always does.” Hopefully, this will be of some relief to those dairy farmers who are barely hanging on. They have a hole to climb out of, but you can’t climb out until you can take the first step up.

Legal notice on Intellectual Property in digital content

All information contained in these pages that is NOT the property of eDairy News and is NOT considered "in the public domain" by legal regulations, are trademarks of their respective owners and recognized by our company as such. The publication on the eDairy News website is made for the purpose of gathering information, respecting the norms contained in the Berne Convention for the Protection of Literary and Artistic Works; in Law 11.723 and other applicable norms.

Any claim arising from the information contained on the eDairy News website will be submitted to the jurisdiction of the Ordinary Courts of the First Judicial District of the Province of Córdoba, Argentine Republic, with a seat in the City of Córdoba, to the exclusion of any another jurisdiction, including the Federal.

Deja un comentario

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *

Related news