USDA Dairy Outlook: Decreasing Feed Costs and Lower Milk Prices
date:Jul 23, 2013
recent Agricultural Prices report, preliminary June alfalfa prices were $220 per ton, fractionally lower than May but 10% above the June 2012 price.

The 2013 milk production forecast was raised slightly in July. Second-quarter estimated production was higher than forecast last month, and milk production is expected to remain slightly higher for the remainder of the year. Production is forecast at 202.0 billion pounds for 2013 and at 204.5 billion pounds in 2014, unchanged from Junes forecast.


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