What is the Current Grade of Dairy Conditions in 2023?
The 2023 calendar year is off to a fast start and 90 days into the New Year leading economists say that milk production has been weaker than anticipated.
Ben Laine, a senior dairy analyst with Terrain, shares that margin pressures persisted more stubbornly than he would have hoped for.
“With the milk production data we have at this point, January and February saw year-on-year growth of 1.3% and 0.8%,” he shares. “In a normal year, those would be pretty unexciting growth rates, but we’re comparing them against easy-to-beat numbers from 2022.”
By KAREN BOHNERT
April 12, 2023