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Class I Skim Milk Dropped $2.73 Per Hundredweight in August. Here Is What the Growing Milk Supply Means for Your Cooperative.

The August Class I base skim milk price fell to $13.18 per hundredweight, down $2.73 from July. USDA raised 2026 milk production forecasts to 236.6 billion pounds. Here is what that combination means for cooperatives managing margins through year-end.