Dairy Situation and Outlook

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Updated: 05.01.18

I would not rule out milk prices doing somewhat better than this for the second half of the year. Milk production could increase less than 1.7%. World milk production also may not increase as much. For example, New Zealand is now experiencing a drought and if rains don’t come soon, its growth in milk production will be reduced. World demand could also end up higher. It doesn’t take big changes to change milk prices…

To view the full report click: Dairy Situation and Outlook – 04-20-2018 (PDF, 2 pgs, 60KB)
By Bob Cropp, Professor Emeritus | University of Wisconsin Cooperative Extension

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