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Unformatted text preview: he facility will
consume up to 7 million pounds of milk daily,
producing cheese, nonfat dry milk, and other dairy
products. With both foreign and domestic demand
growing, Colorado’s dairy cow herd expanded
by an average of 1,000 head per month in 2011
and will continue to add cows next year. Dairy
cash receipts are not expected to increase in 2012 as higher cow numbers will be offset by tighter
operating margins due to higher feed costs.
Sheep and lamb prices climbed to unprecedented
levels in 2011 for the second year in a row, leading to record cash receipts for Colorado producers. Many positive elements are converging in this
sector, in which Colorado is a national production
leader. Lamb appears to be gaining greater interest
among chefs and locavores, with overall consumer
continued on page 16
15 2012 Colorado Business Economic Outlook Agriculture
continued from page 15 demand improving, led by growing ethnic populations nationwide. Retailers Walmart and Kroger
are notably featuring lamb in meat promotions.
Northwest Colorado has the greatest concent...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.
- Spring '13
- The Lottery