LA CROSSE, Wis. (WTAQ) - The price dairy farmers get for milk appears to have made a significant jump between July and August.
But farmers say prices are still lower than they need. The U.S. Department of Agriculture says Wisconsin milk was worth $15.20 per hundredweight in July, and is believed to have increased by $1 in August.
Although the official August number isn’t in yet, it’s expected to be the largest price increase from July to August this year among the U.S.’s top 10 dairy states. The prices are also about $4 higher than at this time last year.
Dairy market specialist Bob Cropp says dairy farmers probably need prices in the $17-$18 dollars per hundredweight range to begin making money again.