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The USDA’s December 2024 Farm Sector Income Forecast revealed that U.S. crop farmers had experienced two consecutive years of declining cash receipts, falling from an inflation-adjusted
Milk supply has returned to growth mode and markets are buckling under its weight. The ability of the market to deal with surplus milk, particularly the
“U.S. feed supply should be more than adequate in 2025, if weather cooperates. Given the expected lower feed prices, dairy farm margins should continue to improve
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