Ben Laine of Rabobank says 2020 shaping up to be a good year

DairyVoice Podcast

English - February 13, 2020 19:00 - 17 minutes - 12.2 MB - ★★★★ - 15 ratings
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Previous Episode: Dr. Mark Stephenson of the University of Wisconsin-Madison predicts $20 milk in 2020.

Next Episode: Michael Boccadoro Discusses the California Dairy Sustainability Summit

Ben Laine, Dairy Economist for Rabobank, says that 2020 is shaping-up to be a good year. In this DairyVoice podcast, Joel Hastings of DairyBusiness News interviewed Ben live at World Ag Expo. Laine sees strong cheese prices, higher milk prices, a stronger non-fat dry milk and skim milk powder market with inventories being tight. He explained to Joel there is a lot of strength there.

Their conversation did zero in on the growing dairy aspect of beef and the dairy industry and farmers going into a period of managed heifer inventory focus. Laine did point out the ever-present concern of a potential economic recession sometime in the future.