Although the increase in US milk production has been slightly lowered for 2017, production for 2018 is forecast higher, based on stronger milk prices and
moderate feed prices.
Not exact matches
All in all, the
Fed continues to expect inflation to rise gradually toward 2 % over the medium term as the labor market improves further and the transitory effects of energy
price declines and other factors dissipate, but the pace for hikes in interest rates could well be
moderate, as the
Fed has been indicating.
He said the «milking platform approach», using off - farm winter grazing and
moderate amounts of
feed supplements had worked for the past 8 to 10 years but that the costs of doing so had gone up quicker than the milk
price.
Even though oil
prices have
moderated recently, there is concern that the
Fed is ignoring overall inflation because
prices for gas and many food items are noticeably higher to many consumers.
Home
prices will likely
moderate slightly to 4.4 percent in 2016, driven in part by the reduction in home buyer affordability and reduced demand as a result of
Fed tightening.