Mark Stephenson, Director of Dairy Policy Analysis at the University of Wisconsin-Madison, and Bob Cropp, dairy economics professor emeritus, are scratching their heads over dairy markets since the release of USDA’s Milk Production report.
Among the reasons they cite for higher prices: stocks look a little tight, and domestic sales have been strong. They warn, however, that the divergent global and domestic markets can't continue going in opposite directions.

View more of their monthly podcasts: http://dairy.wisc.edu/PubPod/Podcast/Outlook/Index.html