Dairy outlook: 1982 milk output near record levels
Government analysts forecast 1982 milk production at roughly 134.6 to 135.2 billion pounds with demand slack prompting USDA to buy about 13 billion pounds yearly under price support at 13.10 dollars per hundredweight. Stockpiles exceed 15 billion pounds, costing taxpayers about 2 billion annually.
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U.S
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