Strong dairy exports can’t offset price pressure in USDA outlook

The USDA is forecasting lower dairy prices for this year despite strong exports. In its latest supply and demand report, the department says increased milk production per cow is expected to rise, along with fat basis exports, given the competitiveness of butter and cheese on the international market. Recent price weakness for butter and cheese […]

The post Strong dairy exports can’t offset price pressure in USDA outlook appeared first on Brownfield Ag News.

View Full Story

Share:

The Latest

Cattle futures lower on profit-taking

At the Chicago Mercantile Exchange, live and feeder cattle were lower on profit-taking, waiting for direct business to develop. February lean