date:Jul 23, 2013
17.65-$17.95 per cwt. reflecting the lower forecast cheese price. Next year, the Class III price is projected to slip to $16.60-$17.60 per cwt. on weaker expected cheese prices. The Class IV price forecast was unchanged this month, but the price range was narrowed to $18.20-$18.60 per cwt. Next years Class IV price also lowered from the June forecast to $17.65-$18.75 per cwt. based on lower forecast butter prices. The prospect of higher forecast milk production in 2014 compared with 2013 will al