Feedstuff prices are generally down, reflecting local demand. Export demand is off, reflecting Europe s foot and mouth scare. Also the reports are out that South America s feed grain and soybean crops are very good.
Fluid supplies are lighter and manufacturing plants are nearly idle.
In New York, co-ops are offering premiums to producers who switch memberships. In the Southeast, production increases are slowing as temperatures increase. Florida is still exporting milk. Class I demand is steady in the South, but manufacturing plants are not busy. There is a lot of manufacturing capacity available in the Northeast and South.