The future of America’s dairy farming is bright as global growth and American production capacity and innovation combine to create a “powerhouse.”
Gregg Doud is the incoming president and CEO of the National Milk Producers Federation. “In terms of the protein world, dairy is a huge part of the future,” Doud says. “As a former Chief Agricultural Negotiator for the U.S. Trade Representative, I can tell you the opportunities are there for U.S. dairy’s taking with robust outreach and appeals to the world’s consumers.” Doud made his remarks during the NMPF’s annual meeting in Florida.
During the past year, America’s dairy producers faced operating margins at their lowest since the federal dairy safety net was adopted in its current structure in 2014 as prices plummeted from record highs. Forecasts during a panel discussion showed an improving price outlook for next year, even as inflation continues to be a challenge for consumers.