Sept. World Agricultural Supply and Demand Estimate Report Released (Including Dairy)
Posted by Brian Gould Sun, 14 Sep 2008 13:50:00 GMT
The Sept. WASDE report was released on Sept. 12th. Included in this report is the latest USDA forecasts of U.S. milk production and dairy-related prices for 2009. The mid-points of the revised forecasts are: Cheddar Cheese, $1.890; butter, $1.415; nonfat, $1.490 and whey, $0.275. These price reductions were the result of an an upward revision in USDA’s milk production estimate.
