There's bears in the woods. Today's milk production report shows strengthening in dairy cow numbers and especially in milk per cow. It's hard to get too optomistic about nearby milk prices given current data. 2019 should yield somewhat better prices but by how much? The outlook video is about 13 minutes long and you can access it here or from the Podcast section of the web site.
There is a new Information Letter Which looks at Concentrated Animal Feeding Operations Permits on Public Notice ‐ Dairy Cattle (CAFOs). The purpose of this is to provide a new leading indicator for future growth of milk supply in the United States.
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