It is not news to any of you that last year was not a great year for milk prices. However, feed prices remained relatively low most of the year and helped offset some of the unexpected low milk price. So far, it is not looking like that will be the case for this year. Corn and soybean meal futures have increased greatly over the last couple of months and are not looking to decrease much this year. With both feedstuffs major ingredients in dairy rations across the U.S., it has caused feed prices to soar related to recent years. Read More
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