A recent story from the Wall Street Journal pointed out that consumers who previously purchased organic milk are now buying alternative products like almond or soy “milk.”
In the latest USDA World Agricultural Supply and Demand Estimates report, the overall milk price was unchanged despite a projected increase in milk production.
The U.S. Department of Agriculture has lowered it's milk price projection for 2018 by $0.80/cwt in the latest World Agricultural Supply and Demand Estimates.
Milk prices are slated to rise heading into and through 2017 while production slows, according to USDA's World Agricultural Supply and Demand Estimates.
Two of the world’s closest allies, the United States and Canada, couldn’t be more apart on what’s right for their dairy industries with USMCA. The Canadian dairy industry does not like the potential agreement.
Milk production is slated to be down 100 million lb. from last month in the latest World Agricultural Demand and Estimates report from USDA, while prices could be almost $2 cwt lower than last February.
A bill proposed by Senator Tammy Baldwin (D-Wisc.) has praise from across the dairy industry as a way to help revolutionize milk processing and address milk oversupplies.
