Dairy growth is flat, and inflation is the reason why
Rising costs are limiting dairy expansion across the country.
A market analyst with the Daily Dairy Report says growth is flat in the Great Lakes region, mainly due to inflation and related costs, but milk production and processing capacity are growing in the Northern Plains. They call it “real growth” because new dairies are coming in and cows are not just moving across state lines.
Milk prices are past their peak for this year and are not incentivizing more dairy expansion.