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Strong Dairy Markets

Its been a strong start for dairy markets in 2014. The February Class 3 price is up over $2 dollars from January and over $6 stronger than February of 2013...and even if prices falter as expected in the second half of the year, on the whole dairy margins will be strong all year long.
The USDA has announced that the February Class3 price is up two dollars and twenty cents a hundredweight from the january price and over $6 dollars stronger than the Class3 price from February 2013. And even though the milk prices are expected to fall in the second half of the year.... Ag Economists still feel producer profit margins will be strong all year long.  
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Mike Austin Ag Report