Dairy Outlook. Hot and humid weather a few weeks ago reduced milk receipts and component levels for milk entering manufacturing plants. Also, available supplies of milk are now moving into fluid plants that are gearing up for the return of school children. USDA reported that 367 loads of milk moved into the Southeast region last week to fill unmet needs. As a result, cheese plants in the rest of the U.S. reduced production schedules and cheese buyers are worried about available supplies.
Class III and IV futures prices remain steady. They indicate that dairy producers can look forward to two more milk checks with mailbox milk prices that will be higher than the month before. Thereafter, it looks like milk prices will begin to decline. Still 2001 will be a much better year than 2000 was for Georgia dairy farmers.(Bill Thomas)
Back to September
Outlook Briefs
Back to Dairy
Outlook