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>>Doanes Ag. Report says milk prices a likely to head lower from late 1998 to 1999.
USDA set price per cwt is $15.00 as of Oct. 12. this is $2.31 higher than last
year, and $.27 lower than the record high of Sept. 1996. (100 lbs. = cwt= 12 gal. of milk).<<

Could you please speculate on the affect of this situation on ice cream production costs? DRYR has stated that butterfat costs have doubled in the last year causing their profits to decrease. This was blamed I think on "government subsidized exports" (this is not an exact quote, just what I remember). Is this another conspiracy theory?

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