But it is going to cost more. The USDA forecasts less milk in 2017 but a growing supply through the year 2024 along with steadily increasing prices. Its economic assumptions include moderate growth in GDP and inflation, and low unemployment.

The Dannon Co. and McCarty Family Farms announced Wednesday, June 13, the initial accomplishments from the first stage of their new collaboration. The farmer is selling its milk exclusively to Dannon, which is processing it into yogurt at Dannon's Fort Worth, Texas, plant.