Max Armstrong digs into factors that impact the price dairy producers receive for their product. One factor is the price of butter, which Max says could be weaker later in the year. Land O'Lakes expects butter sales to reach 300 million pounds, about 20% higher than a normal year. This has more than offset the decline in food service.
Farm Progress America is a daily look at key issues in agriculture. It is produced and presented by Max Armstrong, veteran farm broadcaster and host of This Week in Agribusiness.