Dairy price supports rise over 40 cents a hundred
USDA lifts milk support to 9.64 per hundredweight for 3.5 test and 9.87 for average test, a jump of about 43 to 44 cents. Parity index rose to 756, prompting higher government price levels for milk and manufactured dairy products. The move reflects supply demand pressures and will influence buy-back costs and retail prices.
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