Oct 19, 2017
The December 2016 final milk check, which will be deposited in cash-starved farm checking accounts this week, brings some small relief to Ohio’s dairy farmers.
With the Class III milk price announced at $17.40 per hundredweight (cwt.), the negative 61-cent Producer Price Differential brought the Statistical Uniform Price (SUP) in at $16.79 per cwt.
The good news is that both the Class III price and the SUP were record highs for 2016. The bad news is that both the Class III and SUP were record highs for 2016.