Max Armstrong offers a look at the dairy market for 2023 as a CoBank economist looks ahead.

December 22, 2022

Max Armstrong shares that dairy farmer margins could be under pressure in 2023 according to Tanner Ehmke, lead economist, dairy and specialty crops, CoBank. Milk production Oceana – Australia and New Zealand – is stalling which could be positive for U.S. exports. But a slowing global economy and China’s lower imports could become a price headwind for producers. Ehmke sees dairy margins coming under pressure in 2023.

Max Armstrong's 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.

Photo: Osipovfoto/iStock/Getty Images Plus

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