Dairy Experts to Discuss Market Outlook and Price Volatility

Experts from Rabobank will discuss what lies ahead in the dairy market

August 14, 2020, 11:42 am | Fred M. Hall, Jennifer Bentley

AMES, Iowa – Dairy producers have faced unprecedented milk and product price volatility over the last few months, and to help them get a handle on what lies ahead, the I-29 Moo University Consortium will hold a webinar Aug. 25 at noon.

Rabobank’s global dairy strategist Mary Ledman and vice president of dairy research Ben Laine will discuss their outlook on the global and U.S. dairy markets.

Laine has spent 10 years working across the dairy value chain, from cooperatives and cheese processors, to food and agriculture finance. He currently works as an analyst covering the North American dairy production sector for RaboResearch. 

Holstein dairy cattle.As Rabobank’s dairy strategist, Ledman leads a team of analysts around the globe to analyze developments in the regional and global dairy markets. She develops Rabobank’s dairy forecasts and has extensive knowledge of international dairy markets and policy with over 30 years of experience in the sector.

“We’re seeing unprecedented volatility in the dairy market,” said Fred Hall, dairy specialist with Iowa State University Extension and Outreach. “We’ve experienced highs and lows almost back to back and that’s giving us a producer price differential that is almost unheard of.”

Participants will gain a better understanding of how this market, the milk components, volume, demand and supply all affect the milk check, and they’ll get some insight into what’s likely to happen over the next 12-18 months, according to Hall.

There is no registration and participants can access the webinar at https://z.umn.edu/I29DairyOutlook. 

For more information, contact Jim Salfer at salfe001@umn.edu or 612-360-4506; Fred Hall at fredhall@iastate.edu or 712-737-4230 ; or ISU Extension and Outreach dairy specialist Jennifer Bentley at jbentley@iastate.edu or 563-382-2949.

I-29 Moo University is a consortium of extension dairy specialists from the land-grant universities in Iowa, Minnesota, Nebraska and South Dakota.

 

Original photo: Dairy cattle.

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