U.S. milk prices are on pace for a record-setting year.
National Milk Producers Federation chief economist Peter Vitaliano tells Brownfield this year will likely top 2014’s all milk price record by nearly two dollars.
“We’re looking at $25.70 right now as the likely average that’s going to come in, that’s significantly higher,” he says.
Vitaliano says three consecutive records were set and broken during March, April, and May as feed costs and inputs elevated prices.
Record milk prices likely for 2022
