mag
13-5-2005, 07:55 pm
Milk production in 2006 is forecast above 2005 as relatively strong milk prices over the past 2 years are expected to help stabilize cow numbers in 2006. Milk per cow is expected to increase at a more rapid rate in 2006. Fat-basis commercial use is expected to increase more rapidly than in 2005, but growth in commercial use of skim solids is expected to be somewhat slower than this year. Milk prices are forecast to fall from the strong prices of 2005 as product prices weaken. With weaker non-fat dry milk prices, positive CCC net removals of non-fat dry milk are forecast for 2006.
The dairy production forecast for 2005 is raised from last month as slower milk per cow growth is more than offset by higher cow numbers. Fat basis commercial use is little changed from last month and fat basis stocks are higher. Commercial non-fat dry milk exports are expected to continue to help absorb skim solid supplies. Larger milk supplies result in lower milk prices than forecast previously.
If anyone needs any data or market info on any agricultrual product just ask away and I will be happy to provide the information ASAP.
Cheers :thumb
The dairy production forecast for 2005 is raised from last month as slower milk per cow growth is more than offset by higher cow numbers. Fat basis commercial use is little changed from last month and fat basis stocks are higher. Commercial non-fat dry milk exports are expected to continue to help absorb skim solid supplies. Larger milk supplies result in lower milk prices than forecast previously.
If anyone needs any data or market info on any agricultrual product just ask away and I will be happy to provide the information ASAP.
Cheers :thumb