Recent USDA reports have mixed news for dairy producers. Economist Mark Stephenson says, “We were up about two-and-a-half percent in milk production again, and we had a cold storage report that showed that we had some build up of cheese stocks and, you know, butter stocks that were a little bit bigger than we might have expected so those things are certainly putting some downward pressure on it.”
Stephenson directs the Center for Dairy Profitability at the University of Wisconsin-Madison.
Continue reading Exports make dairy price forecast good at Brownfield Ag News.
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