March 8, 2021
Global Dairy Weekly (week ended March 5, 2021)
An eFeedLink Exclusive
Inflation in dairy?
Batavia, NY - Concerns about inflation are dominating our conversations. In addition to higher feed costs, which equal more than $2.00/cwt, dairy farmers are now reporting double-digit percentage increases in the prices of fuel, parts, and fertilizer. A year ago, $15.75/cwt Class III milk prices were close to break-even for many farmers in the country. Today that number is $18.00/cwt and rising.
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