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In this week’s Ag Smarter: The Dairy Feed, Kathleen Wolfley breaks down a market driven by tight U.S. supply and steady domestic demand—keeping nonfat prices elevated near recent highs. But beneath the surface, growing global milk production and competitive international pricing are beginning to pressure the outlook.
Butter inventories surprise to the upside, cheese markets remain balanced, and export competitiveness hangs in the balance as global dynamics evolve. Plus, Words from Wichita returns with an update on drought-driven feed volatility and rising forage costs.
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