2013 commodity outlook
date:Jan 06, 2013
ling in 2012 as soaring feed prices pushed profit margins into the red. After years of month over same month a year earlier increases in milk production, monthly output in the 23 major states fell below year-earlier levels in August 2012, as dairy cow numbers had declined month over previous month (same year) since April.

But the decrease in milk supply may be short-lived with milk output rising from a year earlier in November and cow numbers increasing from October for the first time in six mo
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