Monday, March 26, 2012

Favorable weather has helped reduced favor in dairy prices

In March, USDA increased its projected increase in milk production for 2012 from 1.4 percent to 1.8 percent and lowered its projected milk prices.

Not only has favorable weather improved milk per cow Western states have experienced an increase in the number of milk cows. Compared to last February, increases in cow numbers were 5.2 percent in Utah. As a result, compared to February a year ago (daily adjusted) milk production was up substantially 8.5 percent in Utah.

More milk means more dairy product production. Agri-View