Dairy economists are in Madison, Wisconsin for a conference that looks into supply and demand trends, and offers ideas that might reduce price volatility.
Economist Chuck Nicholson with the University of Wisconsin. He tells Brownfield the supply chain from farmer to consumer has changed a lot since the group last met in 2019, thanks to the pandemic, cattle genetics, and other factors. “We sure have. We have changes all the way from the farm level all the way through the supply chain and a number of questions this morning on the investments that co-ops are making into cheese plants in the southwestern United States, major changes, we have co-ops implementing plans to better manage and better balance the demand and supply in ways that we haven’t had before.”
And economists from around the world are explaining the changes they’ve seen.
