Forecast for Dairy in 2019 by Dr. Mark Stephenson

Joel Hastings and Dr. Mark Stephenson

Joel Hastings of DairyBusiness interviews noted dairy economist Dr. Mark Stephenson of the University of Wisconsin, who gives his forecast for dairy in 2019. Dr. Stephenson predicts the Class III price will be up by $1.10, Class IV by $1.80 and the All Milk Price up by about $1.15. Basically, 2019 will feel not quite as good as 2017. We are losing more farms, he says, but not our ability to produce milk. Is this the "new normal" he wonders.

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