The U.S. Department of Agriculture’s April “Milk Production” report showed that production in the 23 major U.S. milk-producing states during April totaled 16.8 billion lb., a 1.2% increase over April 2015.
According to Robert Chesler, INTL FCStone vice president of foods division, three opinions seemed to be emerging on the USDA report: bullish, neutral and "will most certainly be revised." While the report really could have pieces of all three of those opinions, he said the 1.2% i
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