With the announcement of the new Secretary of Agriculture, Brooke Rollins, the National Milk Producers Federation reflects on the strong prices and production that dairy industry has experienced this year. Chris Galen, senior vice president of member services and strategic initiatives with the National Milk Producers Federation.
“Back then again, the Great Recession, and we saw just awful prices, and we were really pleading with the new secretary to do something about it. Different dynamic this year, we have much stronger prices. Cheese prices have come off a bit from their highs of this summer, but margins are still very healthy. You know, corn and soybean prices, we’ve had a good harvest in the Corn Belt, so that means that input costs are moderate. So it’s been a good year for dairy farmers. And I think the big question is, how long
will that last?”
Galen shares his perspective on the answer to that question.
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