News

Cash receipts from milk drop in 2009

As if we didn’t already know 2009 was a tough year for dairy farmers, the Indiana field office of the National Ag Statistics Service (NASS) reports cash receipts from marketings of milk in Indiana totaled $450 million, down 30 percent from 2008. Producer returns averaged $13.40 per hundredweight, down $6.20 cwt. from the 2008 average.

Nationwide, cash receipts from marketings of milk was down 30.1 percent at $24.3 billion.