USDA Forecasts Lower 2022 Cheese Prices
USDA forecasts milk production will reach 227.9 billion pounds this year, up 200 million pounds from its forecast last month due to higher cow inventories, according to the latest World Agricultural Supply and Demand Estimates report released Wednesday.
This month’s report also includes forecasts for 2022. USDA forecasts milk production in 2022 to reach 230.3 …