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Economist Shares It Will Be a Tough Year Ahead for Dairy

As dairy producers open up their summer milk checks it will be hard to celebrate. This echoes the sentiments from Ben Laine, a senior dairy analyst with Terrain, who shares he is significantly less optimistic about milk prices and the overall state of the dairy economy compared to the beginning of the year.

Laine notes it is difficult to give the dairy economy a current grade, sharing it gets challenging when looking long-term, that futures are above the 5-to-10-year average.

“For example, we're really probably slightly above that or close to in line to where that long term average is,” he says.


June 15, 2023


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