Milk prices likely to go higher in 2019

Dairy Outlook: A strong economy and domestic sales are offsetting tariffs.

Favorable domestic sales, slower growth in milk production and higher dairy exports have pushed September milk prices higher than they were in August, according to Bob Cropp, University of Wisconsin-Madison dairy economist.

Moving in right direction “Higher cheese and dry whey prices will push the September Class III price to around $16 compared to $14.95 in August,” Cropp says. The Class III price bottomed out in February at $13.40.