Idaho is consistently among the top three producers of dairy products in the entire United States, but this summer near record low prices is the biggest problem for farmers.
Last year’s record high prices fetched $27-28 dollars per 100 pounds of milk, but this year’s number is a total turnaround. Prices are down to $14-15 dollars for the same 100 pounds, and dairy farmers typically need around $21 to break even. This year farm prices are approaching their lowest totals ever.
“This is an extreme dip for dairy, and the worst one in my memory was 2009. Unless things turn around the second half of the year this could be one of the worst years in Idaho dairy industry history,” said Sean Ellis, a Public Information Officer for the Idaho Farm Bureau Federation.
JUL 3, 2023
Brevin Monroe
edairynews.com
