The world’s top dairy exporter, New Zealand’s Fonterra Co-operative Group Ltd, said on Tuesday that milk production in its home market fell 1 percent in March, pointing to support for global dairy prices.
Wisconsin has seen 449 dairy farms exit the business, a loss of 6% so far this year. Meanwhile, 10,000 dairy operations across the country could begin to see their Dairy Margin Coverage payments arriving in the mail.
Fonterra said on Friday its domestic milk production in January had fallen 5 percent year-on-year, which could be seen as a boon for global dairy prices as New Zealand is the world’s largest dairy exporter.
Almost every week the number of farmers who have been left without a home for their milk grows. This time, 52 farmers in New York are being released by Marcus Dairy, a fluid milk processor in Danbury, Conn.