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| Short term price
forecast: 24 weeks ahead - May 10, 2008 -
October 18, 2008. The butter market and the cheese market drive this forecast. Butter nudges $1.6 averaging $1.52 Cheese moves into and stays above $2.00 averaging $2.02 for the forecast period. In the dried protein market, Whey rebounds to the low $0.30's while NDM stays in the $1.20's The forecast average Class 3 price is only a bit lower than last year for this period at $19.10. The Class 4 price is substantially lower than same period last year, $15.46 vs. $21.17. Now, if only the input side of things would cooperate. |
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