DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Mar 26, 2013 04:42 PM CDT

Drought in New Zealand is getting quite a bit of attention. Pastures drying up along with cows have significantly reduced milk output. Seasonally, milk production does decline, but the rate is more rapid than usual. If the weather pattern does not change in the next few months, it can have a definite impact on dairy products available to other countries. There was a report out that there are a significant amount of Japanese dairy farmers near 60 years old. These are expected to cease farming in the not-to-distant future while at the same time demand for dairy products in ...

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