Dairy prices turn higher for the long haul as demand stabilizes

Dairy prices turn higher for the long haul as demand stabilizes

The great dairy bear market of 2009 has ended. Too much milk, combined with a drop in global demand, led to the price collapse. But demand has stabilized, production is still contracting and the government is pouring money into price supports. As a result, it appears the current higher level of prices is here to stay.

The House approved a $121 billion agricultural bill, which includes $350 million for immediate support to dairy farmers. The intent is to extend and increase price suppo

Register to view the full article

Register to view this article

TAGS: News
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish