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Working to make continuous improvements to their dairy – in terms of developing a functional cow that makes sense for the current market – has allowed Rosy-Lane Holsteins to remain optimistic.
Cheddar stole the show, settling nearly 11% higher to an all-time high average price of $2.96 per lb.
Class III milk closed with a strong session as futures months were up 5 to 27 cents.
JPMorgan voices concern that a spike in energy prices from the Russia-Ukraine crisis would hinder the economy. Dairy producers are wondering how much more inputs will rise, as a $20 plus milk check only goes so far.
Entering a five-year partnership, the national dairy checkoff organization have teamed up with the Mayo Clinic to conduct research to improve public health and advance consumer knowledge of dairy’s benefits.
USDA’s Milk Production report illustrated year-over-year declines in both January milk production and cow numbers. Although South Dakota hummed a different tune, leading year-over-year milk volume growth, up 18.3%.