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Lower-than-expected U.S. milk production gave Class III milk futures a boost despite weaker spot cheese prices, as markets weighed export demand, global price gaps, and upcoming cold storage data.
Before the White House’s 90-day pause on higher tariffs for other countries expires on July 9, India is one country rushing to negotiate a trade deal with the U.S.
It is important that dairy industry stakeholders work together to further understand the complexity and underlying mechanisms of heat stress impacts and develop alternative strategies to mitigate the risks.
The dairy sector has seen a promising upward trend in milk production that is reflected in the latest U.S. Milk Production Report.
Neogen CEO expects Kersia’s prioritization of investment and growth in the biosecurity market will benefit the business and provide sharpened strategic focus to maximize its potential for continued growth.
Cheese markets saw strong activity with little price change, while U.S. milk production in March rose 0.9% year-over-year.