From Hoard’s Dairyman:

Much attention has been given to improving milk prices witnessed during the final months of 2019, along with the forecast for sustaining these much welcomed higher dairy prices into 2020. In fact, the USDA updated its average annual All-Milk price outlook for 2020 to $19.40 per hundredweight (cwt.) compared to the 2018 price of $16.26 and the $18.40 predicted price for 2019.

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