Monthly Reports

St-Pierre: Milk Prices and Margins

As I write this column in late August, the Class III futures have just closed at $22.24/cwt for August and $23.89/cwt for September. FULL STORY »

Dairy podcast: Mark and Bob scratching their heads about markets

Mark Stephenson, Director of Dairy Policy Analysis at the University of Wisconsin-Madison, and Bob Cropp, dairy economics professor emeritus, are scratching their heads over dairy markets since the release of USDA’s Milk Production report. FULL STORY »

Milk output ‘neutral’; 2013 culling up; Class I base higher

Thursday was a full glass for dairy, with monthly Milk Production, cow culling, FMMO Class I base price and weekly product price reports released. FULL STORY »

Next LGM-Dairy policy sale is Jan. 31

The next Livestock Gross Margin-Dairy (LGM-Dairy) sales period begins Jan. 31, with insurable margins well above 3-, 5- and 10-year averages. FULL STORY »

Cold Storage: Butter stocks climb 79% from 2011

According to the USDA's Cold Storage report, total natural cheese stocks in refrigerated warehouses on April 30, 2012 were up 2 percent from the previous month but down 1 percent from April 30, 2011. FULL STORY »

Milk production report called 'very bearish'

Milk production in the 23 major dairy states totaled 15.8 billion pounds in January, up 3.7 percent from the same month a year earlier. FULL STORY »

Texas milk production up 8 percent

Texas milk production totaled 787 million pounds during November, up 8 percent from last year's production of 726 million pounds. October 2011 production totaled 813 million pounds. FULL STORY »

WASDE: Higher cheese prices forecasted next year

Milk production forecasts for 2011 and 2012 are unchanged from last month. Commercial exports are forecast higher for 2011. Fat and skim-solids ending stocks for 2011 are lowered. FULL STORY »

August milk production up 2.2 percent

August milk production in the 23 major states totaled 15.3 billion pounds, up 2.2 percent from August 2010, according to USDA’s latest Milk Production report released Monday afternoon. FULL STORY »

High feed prices and low milk prices to trim 2012 U.S. dairy herd

According to the USDA's September Livestock, Dairy and Poultry report, dryness and heat throughout the Corn Belt led to a downward revision in the corn yield forecast in for 2011/12 in the September Crop Production report. If the forecast is realized, the projected yield would be the lowest since 2005/06. FULL STORY »

Class III sets record high in July, 2011 average milk prices higher than 2010

Milk prices have been well above a year ago through July. The Class III price set a record high in July at $21.39, $7.65 higher than a year ago. FULL STORY »

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