Economist says dairy prices are falling with additional production

Economist says dairy prices are falling with additional production

The lead dairy economist for RaboResearch expects milk prices paid to dairy farmers will continue to fall for now.

Lucas Fuess tells Brownfield the prices paid for Class III and IV milk dipped lower and lower, into the 18-dollar range. “You know, those prices are not necessarily exciting for dairy farmers here when they’re dealing with costs that have climbed over the past two years and will still be pretty high this year.”

Fuess says as the U.S.