date:Dec 11, 2012
nations milk production. World trade is expected to rise 10% this year, and the U.S. is maintaining its share of that.
Next year, the world will need our milk, and it will have to pay for it, says Levitt. Expect higher prices.
In the U.S., dairy demand has held up well through 2012s lackluster economy. Stephenson has looked at several key demand indicators, such as restaurant performance, and sees improvement that bodes well for consumption of dairy products. Consumers are starting to spend ag