“That has resulted in a very, very rapid change in the market price outlook,” Vitaliano said in an NMPF podcast released today. “The markets currently are looking like there’s going to be a very strong rebound, and prices will get to a more normal level in the second half of this year,” he said.
Vitaliano, who writes NMPF’s monthly Dairy Market Report, said the continued spread of the coronavirus and whether farmers quickly increase milk production remain significant questions that will affect dairy’s further recovery.
To listen to the full discussion click here
https://hwcdn.libsyn.com/p/d/b/9/db931be04acc7231/Peter_6-22-20_FINAL.mp3?c_id=76385549&cs_id=76385549&expiration=1592864983&hwt=84fcd122293602ca4cda2c40ae211aaa.
