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Dairy farmers saw some financial improvement in 2010, but feed prices remain high

“2010 for dairy was a mediocre year,” said Ed Jesse, the report?s editor and a professor emeritus in the Department of Agricultural and Applied Economics at UW-Madison. “Milk prices were higher, but feed prices remained high and, as a result, profitability has not been as high as it was in the good years for dairy, 2007, 2008.