From mid-July to mid-August, dairy markets rallied, feed markets have gone down, and people are feeling a little better about things in the dairy industry, according to Ben Buckner, dairy and grains analyst for AgResource Co. Buckner spoke during a recent Professional Dairy Producers Dairy Signal webinar.
“I think we have a lot less milk for the next six months than we thought we would have, and certainly less than we had the first half of this year,” he explained.
Price volatility
Buckner believes dairy and grain markets will be very volatile for the foreseeable future. Milk prices have risen from a low of $13.80 per cwt in mid-July to between $17 and $18 per cwt in mid-August.
August 21, 2023
farmprogress.com
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