University of Wisconsin Center for Dairy Profitability Director Mark Stephenson says the two USDA reports released Monday turned his 2021 dairy price outlook around. “I had slightly improved milk prices (projected) for 2021 and after Monday’s report, I would say I would have to switch that around and say that I think milk prices may be down, maybe as much as thirty cents a hundredweight, and I do expect volatility.”
Stephenson says the nationwide rise in milk production is why.
