At the recent National Association of Farm Broadcasters convention in their Trade Talk session I met Elvin Holland who is Director of Fluid Milk Marketing and Economic Analysis for Dairy Farmers of America. Elvin talked about the reasons for higher milk prices and his prediction for 2008.

To start with he says that global milk production has slowed and global demand has remained strong. He says that American dairy products remain a staple in the world demand for food. Looking ahead he thinks that the export market will remain good and even grow. However, he does see a decline in prices for class III milk in 2008.

You can listen to my interview with Elvin here: [audio:http://zimmcomm.biz/dairy/nafb-07-dfa.mp3]