Recent price movement
Most benchmark prices increased throughout February but decreased in early March.
? The May NY/ICE futures contract rose from values near 85 cents/lb one month ago to levels approaching 94 cents/lb on February 24th. Declines in late February and early March lowered values to 88 cents/lb. On March 9th, the day of the release of the USDA's latest report, prices fell the limit to 84 cents/lb.