milk prices

“Given weaker returns going forward along with a few other factors we reduced our milk production forecast by 900,000 pounds this month."   But, despite that, dairy production year-over-year is still forecasted up according, to USDA world agricultural outlook board chair Mark Jekanowski.  He noted...

For milk and most dairy products, “prices have started to decline, quicker than we had expected,” noted USDA outlook board chairman Mark Jekanowski.  He added it's a combination of continued increases in milk and dairy production plus weak demand and pretty strong international competition.   So far all of 2023 com...