Milk Output Expansion Poised to Spur 5-Year World Surplus
date:Jul 14, 2014
ice of milk compared to the price of feed, said Peter Vitaliano, vice-president for economy policy and market research for the National Milk Producers Federation in Arlington, Virginia. In New Zealand and Australia, unless prices are terrible, farmers will produce more milk based on how much rain they get and how much pasture they have. The expectation is they will continue to increase.
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