The price for dairy cattle and Class III milk are holding strong. Ever Ag Marketing analyst Jenny Wackershauser said tight cattle supplies are a large factor. “It actually ties a lot back to the beef herd.” With more dairy cows being bred to beef, the dairy heifer replacements are extremely tight, hence the tight dairy market. Demand is also increasing with more processing becoming available. “We’re moving into a very balanced to tight milk market that we have not seen going back to probably 2018.”
