More Dairy Disappointment In Latest Milk Checks

Wisconsin dairy farms experienced more big disappointment when the saw their latest milk check.

Despite higher prices in Chicago for Class III milk – which is the majority of milk produced in the state – the actual milk price was more than $4 less than year ago payments.

The Wisconsin all milk price for May 2020 was $13.60 per hundredweight (cwt) according to the latest USDA, National Agricultural Statistics Service – Agricultural Prices report. That equates to about $1.17 per gallon at the farm gate. This was 40 cents lower than last month’s price and $4.60 lower than last May’s price.

The U.S. all milk price for May was $13.60 per cwt, the same as Wisconsin’s price but 80 cents lower than last month’s U.S. price.

All of the 24 major milk producing states except Iowa and Minnesota had a lower price when compared with April.

Florida had the largest decrease in price, down $2.10 per cwt. from April, but New Mexico had the lowest price, at $11.60 per cwt.

Source: Midwest Farm Report