Avian flu has reared its ugliness again during the last few months. For those keeping score, and...
So what's the story with butter? Well, for one, butter consumption is on the rise with domestic consumption growth tracking in the double digits. But limited milk supplies are also playing a part. Milk output in the US has been tracking well below prior year in 2024 in part to a decline in the milk cow herd. And part of the blame lies in the cattle-beef industry. The limited animal supply has pushed milk cow prices at the slaughter markets to record highs providing the incentive for dairy farmers to liquidate parts of their herd.
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