Sunday, June 13, 2010
(click on image to enlarge)
There is quite a problem in any attempt to fathom dairy statistics. One thing for certain, we exported a great deal more - particularly cheese. We exported 42% more cheese in the period January - April 2010 than was exported in the same period of 2009.
More importantly, the average export price for the period was $1.87 per pound. As they say, "Don't do no good." as the American dairy farm is paid based on the block Cheddar trading on the CME. Looks like the cheese was made with inexpensive milk and then at world prices.