US Dairy Herd Set to Expand by 2025: USDA Report
Source: dairynews.today
Following three years of decline, the US dairy herd is projected to grow starting in 2025, driven by factors such as reduced feed costs and improved milk prices.
The United States dairy sector is poised for a revival after a period of reduction that has lasted three years. The USDA's latest 'Dairy Outlook' predicts an expansion in the dairy herd by 2025. This growth is attributed to a combination of decreased feed costs, stronger all-milk prices, and increased processing capacity.
These economic factors suggest a favorable environment for growth in the dairy industry, indicating a shift from recent trends of contraction. The USDA emphasizes that these changes in the industry will likely stimulate herd expansion, marking a turning point for dairy farmers across the nation.
These economic factors suggest a favorable environment for growth in the dairy industry, indicating a shift from recent trends of contraction. The USDA emphasizes that these changes in the industry will likely stimulate herd expansion, marking a turning point for dairy farmers across the nation.
