March 31, 2023: March

The trend of year-over-year (YOY) increasing national milk production continued during February, while Pennsylvania’s YOY trend of decreasing milk production continued. With an improving  world milk supply, U.S. prices are similar to European and New Zealand prices with perhaps the biggest determining factor being proximity to international buyers. That being said, January  exports, the most current data available, performed really well as powder exports and cheese exports drove strong YOY increases in export volume and value. Read More