date:Dec 11, 2012
rs, USDA says a decline wont be enough to spur an expansion in cow numbers. The nations cow herd is expected to shrink to just over 9.1 million cows in 2013, down from 9.2 million this year.
Further, economic uncertainty could upset any bullishness in the dairy outlook. What if Europe really does fall apart? asks Stephenson. Will that spill back on the U.S. and Asian economies too?
While the milk supply is short, economic uncertainty leaves buyers unwilling to hold big inventories, Levitt says