Cheese Market Pushes Milk Price Rally Towards $20

During the last three years, the All Milk price received by farmers has had a price premium relative to the Class III milk price of $2.05 per cwt in October, with a range of $1.41 to $2.87.  Based on this price relationship, it could be expected that the All Milk price received by farmers in October should easily top the $20 mark and possibly test $21.   

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