The U.S. dairy industry continues to add cows to the herd. “The (USDA milk production) report was brutal,” said Naomi Blohm, senior market advisor, Total Farm Marketing. “The report was bearish again with another 10,000 dairy cows added to the herd. The dairy herd has grown 99,000 head in the last five months; that is significant.” The dramatic increase in milk output has weighed on prices. “That’s just our reality right now.”
