July 29, 2022: July

For the first time this year and the first time since October 2021, U.S. milk production experienced a  year-over-year (YOY) increase in June according to the latest Milk Production report released last week.  Despite market conditions (record high milk prices) that generally cause a surge in milk production, U.S. output has been on the decline. Average milk futures price through July continued its months-long  retreat as well. Read More