Welcome to the Milk Business Podcast, hosted by Karen Bonert. In this inaugural episode, we dive into the current state of the U.S. dairy industry with expert insights from Michael Dykes, CEO of the International Dairy Foods Association (IDFA), Lucas Fuess, a senior analyst at Rabobank, and Phil Plourd, President at Ever.Ag Insights. The discussions touched on crucial themes, including booming processing investments, stagnant producer margins, exports, and innovation trends that could shape the future of dairy in the U.S..