Loading…
A Purdue analysis says milk prices are falling, with lower dairy cow numbers, total milk production and forecast domestic use. Dairy farms face tight margins, and uncertain feed costs from delayed harvests and unclear crop quality add to the pressure.
Lower milk prices and tight margins point to weaker dairy demand for feed, while uncertain grain quality adds to feed price risk.
ag.purdue.eduSarah E Zahn, Morgan FrenchDec 5, 2018Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
