date:Apr 02, 2014
In a year when most American farmers can expect lower earnings than in 2013, U.S. milk producers are having a windfall.
Prices have never been higher, feed costs are down, and output is headed for an all-time high as exports surge to buyers from Mexico to China. While the average farm will see a 21% drop in net-cash income, led by declines for corn, wheat and soybeans, dairy farmers will earn 28% more at $334,100, the U.S. Department of Agriculture predicts.
Dairy farmers are making the best