Milk Prices below break-even for 2010

Anyone else disgusted by the Class III Futures Prices & Next 12-Month Averages as much as I am? Looking at the current prices compared to the 3 year average prices paid for milk is backbreaking. Feb-10 price is the only month greater than the 3 year average, but only 77 cents better.

The Jun-10 price of $13.60 is a whopping $3.20 LESS than the 3 year average of $16.80! Looks like 200,000 to 250,000 more dairy cows will need to be cull ASAP! 

If the average dairy herd size is 150 cows, that means 1,667 dairy farmers will need to exit the business! It may be a new year, but looks like the same old BELOW BREAK-EVEN pay prices for the U.S. dairy-farmers!