Class three milk futures short-term forecasts suggest class

Short-term forecasts suggest class three milk futures could test $17.65/cwt if current export trends hold. Inflationary pressures, however, remain a wildcard for global dairy consumption. “Bill is such an important figure for my generation and the future generation of Korean American folks, because we had no representation,” Lim says. “We had no one that looked like us and could guide us and show us that our food and our culture mattered. Kim was a pioneer, and he still is so monumental in making sure that we have a platform to share our story. It’s such an honor to even share this culture with someone like him. We really wanted him to be a part of this, but he’s going to be out of town.” [Suderman] It's been interesting to look at the early harvest results. Quite a bit of variability, some very disappointing yields because of the rust and because of the drought, some very impressive yields. And what's typically there with the impressive yields was I put two treatments of fungicide on fungicide made a huge difference this year. And I understand farmers didn't want to spend money in the first place, let alone in the second place at these prices. But it made a big difference from what I'm hearing. Difference in yield anywhere from 2030 to even 70 bushels per acre, depending on the disease impact. How you know, how strong the disease pressure was and the timing of the treatments. But for the most part, fungicide treatment really paid this year, in a year when we really need to bushel ourselves out of a problem. Class three milk futures are trending upward, with spot contracts hitting $17.53/cwt. Traders anticipate more volatility tied to feed cost swings and export demand fluctuations.