A dairy analyst says the dairy industry could be in for a bumpy ride this year. During last week’s Ag Outlook Forum, the USDA projected milk prices would increase 11 percent.
University of Missouri’s Scott Brown says the year is starting off with a lot of optimism. “I believe that the slowdown in production expansion in Oceana – New Zealand and Australia – and even the EU who has slowed down substantially in terms of milk production, will create opportunity for us to export dairy products in 2017,” he says.
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