USDA sees long-term improvement in milk prices

The USDA is projecting a $3.25 rise in milk prices from 2018 levels and the milk supply to increase by 15 percent over the next decade. In the agency’s Long-term Projections Report, USDA says by 2028 the all milk price could rise to $19.65 per hundredweight. The milk herd is expected to remain mostly steady, …

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