What market concerns loom for 2024?

A new year brings excitement and opportunity, but it can also come with apprehension, especially if you are a business owner. In a recent episode of the Parlor to Plate podcast, Ever.Ag experts talked about what their customers are anxious about going into 2024.

“Markets have been quiet in some respects, but there is lurking danger and lots of concerns,” said Phil Plourd, president of Ever.Ag, to kick off the conversation. For dairy producers, downward movement in the Class III futures price has been top of mind.

“A lot of dairy producers are concerned right now, and unfortunately, that mostly comes back to milk prices,” said analyst Colin Kadis. “There is no doubt that 2022 was one of the greatest years producers have ever seen, even though costs were higher.”

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