U.S. Department of Agriculture economists say strong domestic and global demand for dairy products, along with tight supplies, have pushed milk prices sharply higher.The USDA’s “all-milk” price, which was $12.90 per hundred pounds in 2006, will jump 47.3 percent to $19 in 2007. High milk prices have even exceeded the pace of soaring feed and energy costs and helped to make producers profitable in 2007. That has translated into larger milk output, up 3.2 percent during the year’s third ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!