A dairy economist estimates distant learning this school year could cause U.S. dairy prices to decline by five to 10 percent.

Nate Donnay with StoneX says about half of students are starting school at home which means school meals could decline by 30 to 50 percent.  Translating that lost dairy consumption into the price of milk, he estimates, “$1.60 per hundred is a decent impact.”

Donnay says recent milk production numbers are showing significant swings in the ability of farmers to control their output throughout the pandemic.

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