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Signal of inflation in dairy products reduces sales of semen

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(Bloomberg) — Higher dairy prices could be on the way. The drop in semen sales of dairy bulls is the evidence.

The market for dairy breed semen sales has plummeted to its lowest level in 17 years, with sales volumes falling 6.7% last year, according to data from the National Association of Animal Breeders (NAAB). English acronym). Make sure that dairy products are not established more than the vacancies of milkmaids: it is by buying semen from cattle and raising more animals for meat, because it is more profitable. Right now, dairies are struggling to make money while everything from food prices to labor to energy prices skyrocket.

Smaller dairy herds mean lower milk production, and for consumers, that could signal higher butter and cheese prices to come. Last week, the US Department of Agriculture raised price forecasts for cheese, butter, skim milk powder and whey due to strong demand and lower production expectations. Inflation is rising at its fastest pace since 1982, led by the cost of food and gasoline.

“The number of dairy heifers should be reduced” as farmers raise more beef cows, said Matt Gould, editor of Dairy Market Analyst.

original note:

The latest sign of dairy inflation is falling semen sales

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