Friday, April 3, 2009

Class III Milk Pricing - Slightly Upward

April 3 is the date for release of the March milk component prices. Changes from February were upward with a 15% increase for protein and a 6% increase for butterfat.

Protein as usual is dominant in the Class III milk pricing. The pie chart below is calculated at 3.1% protein, 3.5% butterfat, and 5.9% other solids (the Class III standard calculation) and an average producer price differential of $1.42.

Obviously, protein is still the dominant element in the milk check.

Weekly cheese and butter prices were also updated today. Check them out through the links on the right. Prices remain stable and above year beginning lows.

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