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2013 Dairy and Feed Outlook: Expect the Good, the Bad and the Ugly
February 20, 2013

Lower feed costs, higher milk prices and intense competition for dairy markets lie ahead, market analyst says.

The 2013 dairy and feed outlook is a case of the good, the bad, and the ugly, a feed and dairy market analyst said last week at World Ag Expo in Tulare, Calif.

Joel Karlin, commodity manager and market analyst for Western Milling in Goshen, Calif., said the prospect of much lower feed prices and record-high milk prices should provide some relief to dairy producers this year, although California dairies face particular challenges.

On the negative side, he added, there’s still too much milk for the level of demand, and the U.S will face intense competition from other global dairy producers.

Click here for the full story from Agweb



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