Relishing milk prices - for now

Relishing milk prices - for now

Dairy producers savor strong profit margins, small inventory in cold storage and cattle on feed at five-year low.

Relishing milk prices - for now
IN a nutshell, the dairy industry has been graciously appreciating record milk prices, shrinking feed costs and stabilized consumer demand. As a result, profit margins have climbed steadily all year (Figure).

In fact, University of Minnesota da

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