A dairy economist says while recent dairy cow number declines haven’t hit a record, they are quite large.
Nate Donnay with StoneX says September milk production data shows year over year tightening, which was lower than he expected and continued declines in the herd.
“The slowdown has come from both a very sharp drop in cow numbers-it’s a dramatic drop—the USDA is saying 85,000 cows over the course of four months,” he says.
