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Nasonville Dairy in Marshfield dropped a 50-cow farm effective April 1 after losing a cheese contract, and about 20 Wisconsin farmers have struggled to find processors. Plants report being at full capacity, and some have bought cheaper milk from out of state.
Farmers face possible milk dumping.
Processing capacity limits and excess regional milk signal a glut in Wisconsin dairy, which pressures local milk prices and dairy product values.
leadertelegram.comHeidi Clausen, Regional EditorApr 3, 2017After 414 past bearish events of any kind, Milk (Class III) moved a median -0.2% over 5 sessions (39% higher; middle half -1.7% to +0.5%), and -1.5% over 20.
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.
