Livestock, Diary and Poultry Situation and Outlook, March 20, 1997

摘要

The tenuous balance in late winter dairy markets is expected to continue intosummer. Milk production is projected to run above last year's weak levels but cannot regain solid footing until adequate supplies of good forage return. Meanwhile, dairy demand is expected to stay strong. A substantial seasonal rise in second-half dairy prices is projected, leaving 1997 averages down considerably from 1996 but still high relative to most other years.