MADISON, WI (WTAQ) - Wisconsin milk producers made almost as much money last year as in 2011.
The National Ag Statistics Service said the total value of the milk produced in the state last year was just over $5.25 billion. That’s was about 15-hundredths of one percent less than in 2011.
Total production was up slightly in 2012, and it almost made up for a drop in the average price paid to farmers for their milk. That price was $19.40 for every hundred pounds produced – 90 cents less than the previous year.
Almost 27 billion pounds of milk were utilized in Wisconsin last year, just over a billion more pounds than in 2011.
Last year’s total milk value was over $600 million more than in 2008, when the Great Recession began in earnest. And it’s 60 percent more than the recession’s worst year in 2009, when Wisconsin’s milk was valued at just $3.3 billion for producers.