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Midwest herds that average 20,000 lb. of milk per cow were 75¢/cwt short of covering even variable costs in September.

But several factors suggest U.S. will remain a significant player in the global market.

Nearly 72,000 humans and 2,385 bovines attended World Dairy Expo in Madison, Wis. last week.

The 2012 World Dairy Expo broke new records last week, with a record number of cows on the grounds, exhibitors and possibly attendees.