A dairy economist is concerned about the new USDA dairy production report which shows a big increase in the U.S. herd size.
University of Wisconsin Center for Dairy Profitability Director Mark Stephenson says, “We are at the highest cow numbers that we have seen in more than thirty years.”
Stephenson tells Brownfield the U.S. has added a lot of capacity to produce milk, and that doesn’t go away quickly unless prices plunge downward.
