date:Dec 11, 2012
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Schmahl also points out that conditions could remain tough for dairies through the spring. Grain prices will remain high, since the new-crop harvest is months away. High feed costs will persist, pressuring dairies and continuing the decline in cow numbers. While he thinks milk prices could reach $20 per cwt., he doesnt expect to see a huge price rally in the coming months.
But if consumer demand and the economy remain strong, exports will increase, Schmahl says. And if the milk supply remain