The USDA is calling for slightly more milk production this year because of increased cow output while forecasts for next year are unchanged.
The department’s October supply and demand report says recent strength in butter prices, and expectations for firm demand, are expected to carry through the remainder of 2023.
Katie Burgess with Ever.ag tells Brownfield butter hit a record high price of $3.42 earlier this month, topping the previous record set in 2022 by 16 cents.
