89 | Record-Low Heifer Inventories, Record-High Credit Card Debt and New Crop Projections: HighGround Dairy February Monthly Market Update
Today’s big question: With heifer inventories at historic lows and global milk production trending lower in 2024, we seem to be poised for better milk prices compared to 2023, so what's your action plan to capitalize on this opportunity?
If this question has you thinking, you’ve come to the right place, because Curtis Bosma is joining us for the HighGround Dairy Monthly Market Update.
In this episode, hear more about:
The supply update for heifer inventory & global milk production
The demand update for milk spot basis, credit card debt & milk fat
New crop balance sheets for corn and soybeans
This episode is brought to you by HighGround Dairy
HighGround Dairy provides global dairy market intelligence, insurance services, futures & options brokerage, and advisory programs to a diverse range of dairy market participants throughout the supply chain.
Curtis Bosma is vice president of producer services for HighGround Dairy. You can download your own producer market update here: https://www.highgrounddairy.com/comprehensive-gdt-auction-analysis-20-february-2024/
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