Monthly Reports

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 »

Drought weighing in on cow slaughter

July 1 beef cow inventories have been declining since reaching a cyclical peak of 36.1 million cows on July 1, 1995. Since July 1995, there have only been 2 years in which beef-cow inventories increased (143,000 head from 2004 to 2005 and 28,000 head from 2005 to 2006) from prior-year inventories. FULL STORY »

Dairy outlook: Prices for the year decidedly better than at this time last month

Nearby milk and dairy product prices have risen, and the outlook for the rest of the year is decidedly better than at this time last month. FULL STORY »

Strong demand keeps milk prices high and production advancing

The June Acreage report indicated that producers planted 92.3 million acres of corn, up 4.1 million acres from last year, and the second highest since 1944. FULL STORY »

Butter stocks up 20 percent from last month, below year-ago levels

Total natural cheese stocks in refrigerated warehouses on May 31, 2011 were up 1 percent from the previous month and up 2 percent from May 31, 2010. FULL STORY »

Strong demand keeps dairy production and milk prices high

High feed prices will continue to affect the livestock sector, and dairy in particular, for the balance of 2011 and into 2012. FULL STORY »

Dairy outlook: Class III futures for July are over $20.00/cwt

Commodity prices have been strong, although the grains fell at the end of last week. Dairy however, was the exception. FULL STORY »

Cold Storage: Natural cheese stocks improve, butter lower

Total natural cheese stocks in refrigerated warehouses on April 30, 2011 were up 1 percent from the previous month and up 2 percent from April 30, 2010. FULL STORY »

April milk production rises 1.7 percent

Milk production in the 23 major milk-producing states totaled 15.5 billion pounds during April, up 1.7 percent from a year earlier, according to USDA’s Milk Production report released this afternoon. FULL STORY »

Milk production & exports to continue growth, prices could weaken in 2012

The outlook is for continued high feed prices in both 2011 and 2012. The corn price is forecast to reach a record $5.50 to $6.50 a bushel in 2011/12, up from $5.10 to $5.40 this year. FULL STORY »

Dairy Outlook: April's income over feed costs falls 3.6%

Commodity prices tumbled last week, but dairy did not follow until May 11. For markets in general, the speculators with no underlying agricultural interest apparently became apprehensive. FULL STORY »

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