The Class I Base Price averaged $14.27 during 2001 and just $11.01 during 2002. Through the first ten months of this year, it has averaged $10.84. What will it average during 2004?
"Like a rollercoaster ride" is the phrase most often used to describe the milk price. The annual average price only tells part of the story. Monthly prices often swing up or down a buck or two; sometimes more. This year, we have witnessed a low of $9.64 for April and, as I write this column, a high of $14.27 in October.