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Nasonville Dairy in Marshfield told a grazier near Hatley that it would stop accepting his milk April 1 because a cheese buyer needed less product and the dairy was overstocked. Seventeen area producers received the same notice.
Farmers reported that nearby plants were at capacity or too far to serve.
Cheese plants cutting intake amid overstocked inventories signal weak dairy demand, which pressures milk prices and dairy by-product values.
wisfarmer.comDan Hansen, CorrespondentApr 4, 2017Not 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.
