Tip of the Month
October/November 2005
(Archive)

Market Continues to Balance Heavy Milk Supplies
Ken Bailey
The Pennsylvania State University

As long as cheese and butter inventories remain in check, and as long as exports of nonfat dry milk remain strong, milk prices will continue to remain above long term market averages despite strong growth in milk production. Who would have thought we would be in a situation today where high milk prices were the result of export opportunities?

For the rest of the story click on
Ken Bailey's Weekly Dairy Market Outlook - 10/28/05.