Dairy
 Updated: 4/19/2012 |
With lower milk prices, high feed costs and favorable cow slaughter prices one would expect the growth in milk production to slow down and add strength to milk prices for the second half of the year. How weather impacts crop conditions and milk per cow this summer will also be an important for what milk prices do the second half of the year. Current dairy futures show a very modest price recovery. Class III futures fall to a low of $14.75 for June, don’t reach $16 until September and remain in the low $16’s for the remainder of the year. Class IV futures are below $15 through July and only peak at $16.15 for November. A stronger price rally than this will require a continued modest growth in domestic sales, relatively strong dairy exports and slowing down the growth in milk production closer to 2%. But, with the continued increase in milk cow numbers and above normal increases in milk per cow the probably is not good for milk prices to end up a lot better than what current milk futures show. To view the full report click here. By Bob Cropp, Professor Emeritus University of Wisconsin Cooperative Extension |
Understanding Dairy Markets
|
|
Dairy Resources
♦ University of Wisconsin Department of Dairy Science
♦ UWEX Center for Dairy Profitability
♦ Grow Wisconsin Dairy Team
♦ University of Wisconsin Department of Dairy Science- Milk Quality Resources
♦ University of Wisconsin Milking Research
♦ Dairy Calf and Heifer Resources
♦ UW-Veterinary Medicine
♦ Wisconsin Milk Marketing Board
♦ Wisconsin Snap-Plus Nutrient Management
♦ UWEX Pasture Management and Grazing
♦ UWEX Wisconsin Manure Management
♦ Cooperatives Working Together
♦ Dairy Business Innovation Center
♦ WLIC Livestock Premise Registration
♦ USDA-APHIS- Animal Health Monitoring and Survelliance- Dairy
♦ Dairy Checkoff Works
♦ Michigan Bovine Tuberculosis
