Source: FARM DOC DAILY, UNIV. OF ILLINOIS, 12/15/17


Lower milk prices resulted in continued negative economic returns for Illinois dairy producers in 2016, according to figures summarized by University of Illinois agricultural economists in cooperation with the Illinois Farm Business Farm Management Association. The average net price received per 100 pounds of milk was $16.28, which was less than total economic costs of $18.14. The price received for milk in 2016 was the lowest since 2010.

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