Fall is officially here. Cooler weather, a little color in the trees, and a shortening of daylight hours are confirming the season change. Hot weather, drought conditions, and high feed costs have compounded over the summer to slow the milk production growth the U.S. dairy industry experienced through the first half of the year. Along with strong domestic and international demand for dairy, current Class III and IV milk futures are showing improvement relative to the end of August through the next 12 months. Read More