December Dairy Market Report

Jamie JohansenAg Group, Dairy, Dairy Management Inc., National Milk

dairy market reportThe December Dairy Market Report produced by the National Milk Producers Federation and Dairy Management, Inc. is here. The report states the U.S. average all-milk price, having spent seven months hovering around $16.70 per hundredweight, will likely average about $1 a hundredweight higher during the last four months of the year. In other developments, the U.S. milk production was just a half-percent higher during August-October than a year earlier, while commercial use increased at a greater rate. The MPP margin for September-October was $9.08 per hundredweight, the first time this year that the bimonthly margin has been above $8.