date:Apr 21, 2016
ld, has remained resilient despite the fact that most farmers are operating at a loss.
Theres strong milk production coming out of New Zealand, said Mr Lancaster. The expected falloff hasnt really happened.
They had been looking at a 6% drop, now its looking at about 3%, he said.
US, EU volumes still heavy
Production in Europe has also been strong, after the end of a milk quota system last year, Mr Lancaster said, while the US is still seeing reasonable milk volumes.
Theres no shortage of m