Good news on the dairy front state-wideWisconsin News
-- Wisconsin dairy farmers have recovered financially from the Great Recession.
Wisconsin dairy farmers have recovered financially from the Great Recession. The National Ag Statistics Service said the state’s gross income for dairy producers was about five-and-a-quarter billion dollars last year – the first time that incomes matched what they were before the economic downturn began. Gross producer incomes fell from about five-billion dollars in 2007 to four-and-a-half billion in ’08, and then down to three-point-two-billion in ’09 before starting to go up. Milk production increased slightly in each of the five years, while the incomes varied widely. Last year, almost 26-billion pounds of Wisconsin milk was used for consumption, or for making cheese. Last year’s average farm price was 20-dollars-and-30-cents for every hundred pounds produced. On a monthly basis, the producer price fell to 11.30 in June of ’09, while hitting a high of 22.60 last July.