Dairy Revenue vs. Milk Price Volatility
Mon, 08 Aug 2011 16:59:00 GMT
The recent increase in volatility of the grain markets has generated considerable interest in the management of dairy margins (i.e., income over feed costs). Two graphs showing the importance of feed costs and the relative volatility of feed versus milk prices can be obtained by clicking here. For a spreadsheet showing the average U.S. cost of a 16% dairy ration click here.
