A dairy economist says farmers are ending the year with margins close to all-time highs.
Vice President of Global Operations and Insights Alyssa Badger with Highground Dairy tells Brownfield, “Producer margins have been above $10.00 per hundredweight since May and as a result of that we’ve actually seen upward herd revisions at the farm level, along with further indications that even though replacement heifer prices are high producers have the cash on hand to expand.”
She says the added income has been helpful for farms impacted by avian influenza and for building reserves.
November 26, 2024
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