Dairy industry economists expect things to be better for dairy farmers in 2019 than they’ve been during 2018, in part because milk supplies have tightened in many of the world’s biggest production areas.
That includes Europe, where production is backing up, and also New Zealand, where production has decreased during the fall.
U.S. milk production is also slowing as output is shrinking in the eastern part of the country. States such as Arizona and New Mexico are also experiencing falling production.
U.S. Department of Agriculture statistics show that the nation’s dairy herd is also getting smaller, with October numbers showing a decrease of 38,000 head compared with a year ago. Reports also show more dairy heifers are going into beef feedlots around the country instead of going into milk-sheds.
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