According to a story out from USDA today milk production is now forecast higher than first estimated for 2006.
You can listen to the report by USDA’s Brenda Curtis, featuring the Chair of USDA´s World Outlook Board, Gerald Bange: Milk Price Forecast Story (1 min MP3)
Bange also provided his thoughts on why the production forecast has been moved higher: Milk Production (30 sec MP3)