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Dairy Margin Projections

Cow numbers and production per cow are rising but thanks to good demand and lower feed costs..dairy margins look to be good for dairymen this year.
The USDA has revised their projections for milk production this year. Despite the impact of the drought in California, the report calls for an increase in cow numbers , production per cow and total milk production. But thanks to strong demand, second half prices should remain firm...resulting in good dairy margins   
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Mike Austin Ag Report