O'Brien County's Bell-Times-Courier -

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The Dairy Industry: A Wild Ride, But Next Year Looks Better

 

January 2, 2020

Fred Hall, Dairy Program Specialist

by Fred Hall, Dairy Program Specialist

After two months of inverted barrel and block prices that set market highs, on December 10 the prices came together at $1.94 ¾ per pound. Since then, they maintained the traditional block/barrel spread even as they hit new lows on December 17 at $1.57 for barrels and $1.74 ¾ for blocks.

Pricing corrections were expected, as end users have limited purchasing to a near-term/necessity basis due to the high prices. With barrel prices declining, blocks back in the driver's seat, which aligns with market balance. Cheese production is steady to...



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