Milk price outlook remains uncertain
Farm Progress MORE MILK: According to USDA, milk per cow in 2021 is projected to average 24,095 pounds, 5 pounds more than the previous forecast. Dairy Outlook: With production up and the pandemic still affecting sales, 2021 milk prices are hard to predict. Milk production continues to run well above a year ago. “December milk production was 3.1% higher than a year ago, marking the second straight month above 3%,” says Bob Cropp, University of Wisconsin-Madison dairy economist. Milk cow numbers have been increasing since July, with another 12,000 in December br...
Source: farmprogress.com