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Mike price outlook

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  • Swanson, Michael

Abstract

Within 5 to 8 months, milk prices should respond to strong structural and cyclical pressure and probably return to the long-term average price of about $13.50 per hundredweight for a national all-milk price. For a short period, however, milk prices will likely overshoot the average price, reaching between $14 and $15 per hundredweight. During the interim period, milk prices should start to show marginal improvement.

Suggested Citation

  • Swanson, Michael, 2003. "Mike price outlook," American Bankers Association, American Bankers Association > Journal of Agricultural Lending, vol. 16(2).
    • Handle: RePEc:ags:abajal:336662
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    File URL: https://ageconsearch.umn.edu/record/336662/files/ers2022-23-0620.pdf
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