Lower Milk Prices in 2018? | eDairy News

Lower Milk Prices in 2018?

A massive herd, large domestic supply, falling domestic demand, and a strong dollar all show that prices may slip before they improve. Mike North of Commodity Risk Management says there is a growing supply of product across the board as we enter the time of year when dairy consumption typically drops. North adds, “We’re continuing to make product that’s adding to an already large supply, so there’s a massive collision of increased supply and declining demand.” Scott Brown of the University of Missouri says it is not just domestic oversupply that is causing challenges, but global milk supplies are continuing to increase as well.

The National Milk Producers Federation and the International Dairy Foods Association are looking for creative ways to help stimulate domestic demand for dairy in an attempt to eat through some of the excess supply. “One of the things we’re looking at,” says Michael Dykes of the IDFA, “is can we do something with the Supplemental Nutrition Assistance Program to incentivize dairy consumption.”

 

Tags: , ,
Any claim arising from the information contained on the eDairy News website shall be submitted to the competence of the ordinary courts of the First Judicial District of the Province of Cordoba (Primera Circunscripción Judicial de la Provincia de Cordoba), Republic of Argentina, in the city of Córdoba, excluding any other jurisdiction (Federal jurisdiction is also excluded).

*

Criteria in the moderation of comments that eDairy News will take into consideration in all its publications.

  • They will not be considered insults of any kind against anyone,, whether a user, moderator or publisher. Complaints made with the name and surname of the author of the commentary will only be accepted after confirmation by the moderator.
  • Unsubstantiated and gratuitous destructive criticism or expressions of bad taste, whether offensive, racist or xenophobic.
  • SPAM, (Insert links to web pages not related to the subject, provide emails, etc...)
  • Comments that are meaningless with the footnote or the dairy sector.

Related posts


Top