Monthly Reports

Cropp: Summer weather an important factor for milk prices

“It now looks like the Class III price will be well below $17 by April and could be in the low $16′s from May to early fall and then recover to the high $16′s or higher,” says Bob Cropp, professor emeritus at the University of Wisconsin-Madison. FULL STORY »

February milk production up 2.4 percent

Milk production in the 23 major States during February totaled 14.0 billion pounds, up 2.4 percent from February 2010. FULL STORY »

Dairy Outlook: February all milk price up $0.90/cwt

The February Pennsylvania all‐milk price was up $0.90/cwt. from January to $19.80/cwt. Both Class III and Class IV prices moved up sharply, with Class III up $3.52 and Class IV up $1.98. FULL STORY »

Cow numbers continue to expand as milk prices rise

Corn prices in 2010/11 are expected to be high by historic standards, averaging $5.15 to $5.65 per bushel for the crop year. FULL STORY »

Milk production forecast for 2011 is reduced

The milk production forecast for 2011 is reduced from last month. Relatively high milk prices and increased supplies of replacement heifers are expected to encourage further increases in the cow herd through much of the year, but the rate of increase in milk per cow is forecast slower than last month. FULL STORY »

Cold Storage: Cheese stocks in refrigerated warehouses higher

Total natural cheese stocks in refrigerated warehouses on January 31, 2011 were up slightly from the previous month and up 7 percent from January 31, 2010. FULL STORY »

Dairy situation and outlook: Class III and IV prices see strong increases

The price of butter, cheddar cheese, nonfat dry milk, dry whey and the Class III and IV prices have all experienced strong increases and are much higher than what were forecasted back in early January. FULL STORY »

Dairy Outlook: All-milk price falls

The January all‐milk price was down $1.50/cwt. from December to $17.80/cwt. The Class III and Class IV prices moved in opposite directions, with Class III down $0.38 and Class IV up $1.39. FULL STORY »

Milk production and milk prices expected to be higher in 2011

Feed prices continue upward. The soybean meal price is projected at $340 to $380 per ton, up from last month’s projection. Slightly lower planted acreage and lower yields combined to cause the rise in the forecast. The corn price forecast was also raised, to $5.05 to $5.75 per bushel. FULL STORY »

Milk production forecast is raised, higher product prices

The milk production estimate for 2010 and forecast for 2011 are raised from last month. Supply and use estimates for 2010 are adjusted to reflect production and stock estimates for December. FULL STORY »

Milk Production Estimates Are Unchanged, Low Butter Stocks

The milk production estimate for 2010 and forecast for 2011 are unchanged from last month. Ending stocks for 2010 are reduced due to expected low stocks of butter and nonfat dry milk (NDM) at the end of the year.
FULL STORY »

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