For the month of May, milk prices increased for producers. The USDA reported the base Class III price for May is $18.18, up $1.42 from April and 58 cents above a year ago. Seasonally, milk prices tend to head higher this time of year.
Nearly everybody is impacted by higher milk prices, but CAKE and SBUX stand out!
Nearly everybody is impacted by higher milk prices, but CAKE and SBUX stand out!