The markets will stay sidways for the time being, according to Schmahl.
El Niño storms in the Golden State peaked in November, dropped off quickly in February, and then returned in the first half of March.
Plummeting oil prices last did little to deter sales of skim milk powder or nonfat dry milk to most countries.
With milk production up in New York, Michigan, Wisconsin and Minnesota and processing plants nearing capacity, it begs the question whether dairy co-ops will have to activate base plans to slow milk production.
Dairy Farmers of America (DFA) and Arla Foods announced this morning they were partnering on building a small cheddar cheese plant in western New York.
Dairy Farmers of America (DFA) reported this week that its 2015 net income more than doubled from the previous year, climbing to $94.1 million on net sales of $13.8 billion.
Dairy budgets dipped into negative territory in February for herds in the western Corn Belt.
European countries, companies try to keep a lid on growing milk production.
Adjusted for leap year, milk production up 0.95%.
Increasing exports amounts have improved the market outlook domestically for dairy, but conditions could change during the summer, according to a market adviser.