A dairy economist says 2022 was a year of many records for prices.
Nate Donnay with StoneX tells Brownfield, “We had record high milk prices, Class I, Class II, Class III, Class IV, farmgate prices hit new record highs this year.”
He says while cheese and nonfat dry milk prices did not hit a record, all categories were high at the same time which was supportive for milk prices. But costs were also high.
