The National Milk Producers Federation says its likely milk production is starting to realign with demand as high feed costs depress prices.

In its August Dairy Market Report, the organization says production is down by about two percent from its high in April which is higher than usual following a spring flush. 

While improving cheese prices have led to a recent recovery and domestic usage of milk is up slightly, analysts say the price recovery is fragile as the delta-variant leaves uncertainty surrounding future demand.

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