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Milk Processing Expansion Needed

Dan Dairy, Industry News Release

A report by CoBank shows U.S. milk production growth is outpacing processing capacity growth, leaving dairy processors struggling to keep pace. Every year, U.S. dairy farmers produce three billion more pounds of milk than the year before. CoBank says that those increase challenge processers, who will need an estimated 27 billion pounds more of U.S. milk processing capacity over the …

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May Dairy Market Report

Dan Dairy, Industry News Release

The rate of milk production growth began to moderate during the first quarter, but additional milk production continues to generate American cheese at a faster rate than total consumption, driving up inventories and putting some pressure on cheese prices. Still, exports of most products showed strong year-over-year growth during the first quarter of 2017. Federal Order Class prices have dropped …