An ag banker says he expects dairy farmers will be looking for additional ways to improve margins, and expansion is unlikely for most producers.

Dave Coggins

Dave Coggins with Nicolet National Bank says milk prices paid to farmers hit some historical highs in early 2022, but those milk prices have dropped off. “They’re still decent by a historical perspective but there’s just this question of what are the expenses that that farm needs to manage to help with their margins.

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