Prepare for More Uncertainty

“Dairy producers can count on only one thing over the next 12 months: volatility. This past spring and summer, market behavior embodied a wide range of emotions that veered from panic lows to euphoric highs. The pandemic has disrupted supply chains and upended consumer habits, which could lead to more wild swings in the milk markets.

The dairy industry, which has largely adapted to these unusual times, is now moving more product through retail and government food programs and less through restaurant and food service channels. Dairy is affordable, nutritious, convenient, and familiar, making dairy products a popular staple for Americans, many of whom are now cooking more frequently at home.”

Learn more about product casualties, inventory opportunities, and the outlook of dairy over the next few months, check out this article by Hoard’s Dairyman’s Sarina Sharp.