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The October Monthly Monitor reflects cautious optimism in certain areas of agriculture, marked by export strengths and potential price recoveries, but shadowed by long-term rebuilding challenges, weather dependencies and the impact of the upcoming election.

Washington insider Jim Wiesemeyer fills the guest’s chair on this episode of Unscripted to share what he’s hearing about the upcoming presidential election. Wiesemeyer offers plenty of insight into key topics such as the impact of early voting and how the next administration can help or hurt the production ag industry.

November futures settled at $20.25 per hundredweight, up 13 cents, while Q1 prices came in at $19.68 per hundredweight, 10 cents higher.

The U.S. Department of Agriculture will soon begin testing bulk raw milk across the country for bird flu.

In the ever-evolving landscape of the dairy industry, the long-term viability of the milk supply is a crucial topic. Our industry is indeed in a growth mindset akin to a fish jumping out of a bowl. This vivid imagery suggests that the industry is not merely maintaining its current status but is actively seeking ways to expand and adapt to new challenges and opportunities.

Nearby Class III contracts fell along with spot cheese, with November futures dropping to $20.12 per hundredweight, down 15 cents, and December declining to $19.46, 21 cents lower.

Lactalis USA recently announced that it will be making a major investment in its Tulare, California facility.

If you’re having a bad day, your cows probably know it.