date:Sep 27, 2012
g corn prices does not necessarily mean dairy prices will surge
While bosses were watching rising corn and feed prices, the impact on dairy prices could be less extreme than some analysts predict, added Engles, citing strong domestic milk production, cheap and plentiful alfalfa and hay (which supports milk supply growth) and tepid domestic demand, resulting in relatively high inventory levels for storable dairy commodities.
Meanwhile, a strengthening dollar reduced US price competitiveness on