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An interview with ADM dairy nutritionist Brian Lammers covers how dairy producers can build rations to improve milk efficiency and milkfat and protein yields. He explains that milkfat now carries higher value than milk protein and makes up over half of the milk check.
Higher milkfat value raises the premium on rations that boost fat yield per unit of feed, which supports demand for feed additives and quality feed ingredients. Feed is the largest cost on dairy farms, so efficiency gains affect feed purchasing decisions.
agproud.comAudrey SchmitzSep 28, 2018Not 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.
