(NAFB) Recent data from the U.S. milk production report indicates a slight year-over-year decrease of 0.9 percent in May. This reflects the ongoing adjustments in the dairy sector. Kathleen Wolfley, an agriculture broker with Ever.Ag, shared insights on the current trends and implications for the industry.
Despite this slight decline, the addition of cows between April and May suggests targeted growth in regions not previously noted for such expansions…tape
Market conditions have led to tight supplies of fresh cheese, impacting inventory levels and driving prices.
The May Cold Storage Report reflected this squeeze as well.
Again, that’s Kathleen Wolfley of Ever.Ag.