April will have a nice upturn; component values are up, but PPD will be down. Fat was flat with protein roaring back another $0.36/lb (See graph on Page 2) and other solids remained flat. For our example herd, component prices increased $0.82/cow/day. April PPD will likely decrease $0.74/cwt ($0.63/cow/day) resulting in a total change per cow of +0.19/day. Our 12-month rolling projection for all milk price is $18.51/cwt (Boston), up $0.48/cwt from last month.