date:Aug 01, 2012
dairy industry needs. He added that the Aug. 10 U.S.D.A. Crop Production report would provide a better picture of how much more damage the drought has wreaked on staple crops used in animal feed.
The U.S. all milk price has been lagging producers rising costs and that is not likely to change for a while, Mr. Brown said. He estimated the break-even point at between $18.50 and $19 a cwt, well above the most recently calculated April-June price of $16.35 a cwt for all milk.
The excessive heat an