Mark Stephenson, Director of Dairy Policy Analysis at the University of Wisconsin-Madison, and Bob Cropp, dairy economics professor emeritus, are a bit under water with their previous forecasts. They explain a bit about what is happening in current markets and the recent soaring dairy product prices. They also venture a new milk price forecast in their monthly podcast which can be viewed here: http://dairy.wisc.edu/PubPod/Podcast/Outlook/Index.html