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Wisconsin farmers are experiencing record high milk prices, but for how long?

Quoted: Bob Cropp, professor emeritus of agricultural economics at the University of Wisconsin-Madison, said high demand for milk is what drove prices up in 2014. But he said this year’s record prices are due to farmers cutting back on production.

“Milk production for several months, starting actually the last quarter of last year, has been running below a year ago,” Cropp said. “Cow numbers have declined and production per cow has been below normal, so we have resulted in a tightness of the supply-demand situation.”