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Friday USDA released "Milk Production" data for February 2011: http://usda.mannlib.cornell.edu/usda/current/MilkProd/MilkProd-03-18-2011.pdf
For the entire U.S. production was up 2% over February 2010. There were five states with production increases more than five percent. That is where it starts to get odd.
Two states separated by one river Kansas and Missouri were worlds apart on production. Both received the same basic price signal. Both states must have had similar weather.
Could it be other factors?
Sunday, March 20, 2011
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