Milk Prices Likely to Remain Strong at $20

August 22, 2012 11:31 AM
Milk Prices Likely to Remain Strong at $20

Economists discuss the milk price outlook against the backdrop of higher dairy cow culling, slowing milk output and $8 corn.

It’s reasonable to expect milk prices at $20 per cwt. or higher in the last quarter of 2012 and into early 2013, says dairy economist Bob Cropp.

Declining milk production, higher cattle slaughter rates, and decreased milk-per-cow yields point to a supply-demand situation that favors strong milk prices, Cropp says in an August 2012 dairy outlook in a podcast with University of Wisconsin colleague Mark Stephenson.

Cropp and Stephenson also discuss what’s happening with cheese, butter and nonfat powder markets, as well as feed prices and dairy exports.

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Spell Check

8/25/2012 06:58 AM

  I wonder how long they think a small farmer is going to survive on 15-16 dollar milk and with feed costing 426 dollars a ton. You here the finance people they don't want to help the small farmers just lend more to the big farmers why is it. All of us are struggling!!!


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