In Other Media Blog

Monday 02/08/10

Hope Returns After Year of Steep U.S. Dairy Losses

With milk prices improving, dairy farmers say they will be able to reverse the trend of slaughtering milk cows to solve a milk glut and will produce as much milk as possible this year, according to the Associated Press. In recent months, an average of 50,000 dairy cows were slaughtered each week because producers were unable to sell milk for what it cost them to produce. Milk prices faded to about $12 per hundredweight last summer, however, most dairy farmers need to earn $15 to $16 just to break even. Analysts believe producing more milk may be the best way for dairies to recoup their losses and said prices are expected to continue to increase in 2010 as both domestic and export demand returns.

(Coshocton Tribune, February 6, 2010)

(http://www.coshoctontribune.com/…)

Posted at 2:47PM CST 02/08/10
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