Walmart's $350 million dairy plant in Georgia signals transformative shift in industryWalmart's intention to construct a $350 million dairy processing facility in Georgia has the potential to bring about a significant change in the dairy industry, particularly in the Southeastern United States. Milk availability has reached seasonal highs over the past several weeks, and spot milk prices are reportedly as low as $8-under Class. In the Midwest, spot milk prices were reported as low as $8- under Class. Last year's stretch of $10-under Class III spot milk prices in the Midwest is not expected to repeat itself. Preliminary data out of Poland suggests 2023 November milk production will be above 2022 November milk production.