More Processing Capacity Coming To New Mexico Hoards Dairyman Expansion of southwest cheese plant will boost milk processing capacity to over 5 billion pounds per year. That was coupled with cheddar block prices sitting at $1.40 to a $1.50 a pound earlier this year. in the past, mccully noted that lower milk production would trigger milk prices over $20 per hundredweight and cheddar prices over $2 per pound, but that is not happening in 2024. “how long is that going to last?” he asked rhetorically.
Importance Of The New Mexico Dairy Industry New Mexico State The prospect of new plant capacity coming online, and with it more cheese trying to find a consumer home later this year, also has been putting downward pressure on class iii milk prices. meanwhile, butter selling near record retail prices has lifted class iv milk prospects higher. The average herd size of new mexico’s 160 dairies is 1,500 cows, so each family faced an uphill battle. when sanchez purchased the dairy, he knew he would have to do something different to succeed. According to usda statistics, new mexico dairies produced over 8.17 billion pounds of milk in 2020. the average new mexico dairy produces over 58 million pounds of milk per year. the economic value of this raw milk alone contributes over $1.4 billion to the economy of new mexico, and the total economic impact exceeds $4.45 billion annually. In the heart of america’s dairyland, the green rolling hills surrounding the hoard’s dairyman farm create a near perfect backdrop for a special herd of guernsey cows. forged from a vision and built on the passion of pioneering publisher and former governor of wisconsin w.d. hoard, hoard's dairy was established in 1899 and went on to change.
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