Economist looks at softening dairy markets

Economist looks at softening dairy markets

A dairy economist says the market continues to show signs of softness.  Mark Stephenson is the University of Wisconsin Center for Dairy Profitability Director.  He tells Brownfield, “We had price opinions back in May, you know, they were around the $20.00 range for Class III, and you know today, down below $16.50.”

Stevenson says some of that fall in milk prices is from the last couple of USDA milk production reports, which have shown tremendous growth in milk production.