2016 will be a tough year for dairy

摘要

MILK prices will not change much from February and March, and will remain well below a year ago, according to Bob Cropp, University of Wisconsin-Madison dairy economist.Butter averaged $2.08 per pound in February and ranged from $1.93 to $2.04 in March, with the current price at $1.95 per pound. The 40-pound cheddar cheese price averaged $1.47 per pound in February and ranged from $1.46 to $1.52 in March, with the current price at $1.49."At these prices, the March Class III price will be near $13.80, the same as February and about $1.75 lower than the $15.56 ayear ago," Cropp says.