Class III milk prices have been stronger lately. “It’s much better than what we were facing earlier in the year,” said Mike North, producer division president, Ever Ag. With falling feed costs and rising milk prices, profitability may be on the horizon. Despite that, North said expansion may be slow to happen. Rising interest rates, the cost of capital and the interest in beef-on-dairy are cited as reasons. “We also have HPAI that’s been found in dairy animals and reduced milk production and supplies so that’s taken away from it.”
