New York’s dairy industry likely won’t see more of the good times next year farmers experienced in 2014, largely because dairy prices and profits are expected to level off.
Andy Novakovic, a professor of agriculture economics at Cornell University, says dairy markets in New York are already starting to decline to be in balance with the rest of the world, "but we have quite a bit of altitude to lose before we get to where the rest of the world is," he said.
This was a great year for the dairy industry, he said.