With the soft U.S. dollar likely to continue for a long time, and the world looking for high quality proteins, I would not be too concerned about the U.S. drowning in milk. We're not playing with the same deck of cards we used 10 or more years ago. We should be happy we are able to balance a little bit of trade. The countries that made milk cheaper than us a few years ago would struggle to do it today. Agriculture exports are one of the few things the U.S. has that other countries want or need.
- Dave Forgey, Indiana
To read the entire Hoard's Dairyman Intel item "Without exports, U.S. dairying drowns," follow the link.
