Government Forecasts Continued Low Dairy Prices This Year
May 22, 2012
The Agriculture Department's latest Livestock, Dairy, and Poultry Outlook says "Current year milk and dairy product prices continue a downward glide as milk production continues to expand despite lower producer returns in the face of high feed prices.
The Agriculture Department's latest Livestock, Dairy, and Poultry Outlook says "Current year milk and dairy product prices continue a downward glide as milk production continues to expand despite lower producer returns in the face of high feed prices. Next year's milk production increase is expected to be slight as the cow herd contracts and demand becomes somewhat stronger, lifting prices," according to Capital Press in Salem, Ore. For the full story, click here.
