Economist says changes in world milk supply have helped U.S. milk checks

Economist says changes in world milk supply have helped U.S. milk checks

University of Wisconsin Dairy Economist Mark Stephenson says milk checks are looking better now thanks to changes in the world’s milk supply.  He tells Brownfield, “Right now, markets are kind of tight, and it’s not just here in the U.S. It’s also overseas, and so there’s been big demand both domestically and for export products in this country and our prices are responding to that.”

Stephenson says one of the reasons for a tighter milk supply is the push for production changes and lower cow numbers in some foreign countries like the Netherlands and New Zealand.