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Low milk production is unlikely to be reversed any time soon

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Low milk production is unlikely to be reversed any time soon

A dairy economist says US milk production was well below expectations, along with New Zealand figures for January.

“The supply situation is getting worse.”

Stoneate’s Nate Donnay says the real breakdown of milk production in the United States came in the form of milk per cow.

“January fell by £ 42, a record deviation from the trend,” he said.

While some analysts speculate that reduced production is linked to feed quality or lack of winter feed ingredients, Donnay expects the USDA to be shut down. Following indications from the number of slaughterings of dairy cattle, he says that milk production will generally improve, but it will take some time to rebuild the herd.

“It seems that milk was more available here in February, but given how much the number has dropped in the last six months, it will take a long time to rebuild,” he said.

New Zealand milk production in January was also projected to be lower, which Donnay says will likely lead to more auctions for global dairy trade at the next event.

Donnay shared his thoughts on the latest dairy reports during his weekly forecast.



https://brownfieldagnews.com/news/low-milk-production-not-likely-to-flip-soon/ Low milk production is unlikely to be reversed any time soon

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