2011 to Bring Modest Recovery for Dairy Farmers

Dairy experts expect 2011 to be another year of growth for dairy farmers still recovering from the devastation of 2009. According to a report by Wisconsin researchers, an increase in the demand for milk will help drive sales and revenue, creating modest growth in the industry. The dairy industry saw a turnaround in 2010 as milk prices rose to $16.30 per 100 pounds. The average farmer needs to make at least $16 to break even, the report said. Two years of growth is needed to help farmers pull themselves from a mountain of debt created when 2009 prices plummeted to $12. (The Associated Press) Read more.