Dairy producers are the go-to example of how the agriculture industry has been hurt. We have seen the decline of producers. We watched the ugly downturn in the markets. We watched as Congress debated new ways to help them stay afloat. Now, they have a slight glimmer of hope.
As of press time, the October Class 3 milk price is up 50 cents, sitting at $19.70. These are prices the dairy industry hasn’t seen in half a decade. Brian Doherty of Stewart Peterson explains what has been happening.