Dairy Market Dynamics: USDA’s Milk Supply & Price Forecast Analysis
Milk supply and use estimates for 2023 are adjusted to reflect revisions in production and cold storage data, says USDA in its latest World Agricultural Supply and Demand Estimates report released today. For 2024, the milk production forecast is lowered to 227.3 billion pounds, down 900 million pounds from last month, due to smaller dairy …
