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Wisconsin milk production has been slowing, which a dairy economist attributes mainly to farmers leaving the business after three years of low milk prices. Low prices have persisted into the current year, reducing herd size and output.
Shrinking milk supply from exits tends to firm milk prices over time, though the effect is gradual and regional.
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.