Agriculture has seen its fair share of ups and downs in recent months. We went on a rollercoaster ride of cheese and butter prices. And we keep seeing challenges across the globe with wars and weather. It's kept everyone on their toes. 

Throughout the summer and early fall, the spotlight has been on butterfat, which reached a record high of $3.36 per pound.  This surge in prices was primarily driven by a heightened demand for butter, triggered by a rise in cream usage for ice cream production during the summer months. However the inability to find substantial demand for other dairy products like powdered milk and whey has kept overall milk prices in check.

“We are looking at 2024 as being the year of protein,” says Dan Basse, president of AgResource Company. “I’m encouraged that milk prices will rise, and think we can make it back to a seasonal high in 2024 somewhere between $20 and $22/cwt, which would be a big advantage from where we are sitting today.”

Agriculture has seen its fair share of ups and downs in recent months. We went on a rollercoaster ride of cheese and butter prices. And we keep seeing challenges across the globe with wars and weather. It's kept everyone on their toes. 
Throughout the summer and early fall, the spotlight has been on butterfat, which reached a record high of $3.36 per pound.  This surge in prices was primarily driven by a heightened demand for butter, triggered by a rise in cream usage for ice cream production during the summer months. However the inability to find substantial demand for other dairy products like powdered milk and whey has kept overall milk prices in check.
“We are looking at 2024 as being the year of protein,” says Dan Basse, president of AgResource Company. “I’m encouraged that milk prices will rise, and think we can make it back to a seasonal high in 2024 somewhere between $20 and $22/cwt, which would be a big advantage from where we are sitting today.”

Join Pam Jahnke for the latest farm news. Heard daily on WOZN 96.7 FM and 1670 AM in Madison Wisconsin from 5-6am. Also heard on affiliate stations all over Wisconsin.

Join Pam Jahnke for the latest farm news. Heard daily on WOZN 96.7 FM and 1670 AM in Madison Wisconsin from 5-6am. Also heard on affiliate stations all over Wisconsin.

MID-WEST FARM REPORT - MADISON

Daily audio and podcasts from the Mid-West Farm Report Madison!

Daily audio and podcasts from the Mid-West Farm Report Madison!

Advertisement