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All-Milk price is projected to drop to $20.00 to $20.10 per cwt. for 2011, and $17.75 to $18.65 per cwt. for 2012.
Western United Dairymen says the export gain for dairy from the Korea FTA in the first few years after implementation will be approximately $380 million per year.
A civil lawsuit claims the nation’s milk producers, including Arden Hills-based Land O’Lakes Inc., conspired to thin cowherds and raise prices.The federal lawsuit filed last month in Northern California says members of the National Milk Producers Federation financed a “herd retirement” program that removed more than 500,000 dairy cows from production between 2003 and 2010.
