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While we watch how Ozempic continues to shift from a prediabetic to a weight loss drug, the food industry is now exploring how these medications might potentially reshape the future of food consumption.

Oberweise Dairy, headquartered in North Aurora, Illinois, is a home milk delivery company that delivers milk in glass bottles directly to consumers. Recently, the 97-year-old dairy business has filed for bankruptcy.

Unrelenting inflation continues to weigh down the U.S. economy and agriculture. Still, CoBank says it believes the Fed will stick with its decision to cut interest rates three times in 2024.

The U.S. Drought Monitor shows drought coverage is now at its lowest level since spring of 2020, but USDA’s topsoil moisture map shows it’s still extremely dry in areas of the west and too wet in the east.

It seems as if the dairy industry has taken HPAI in stride. Price fluctuations have been the result of buyers of the physical commodity on the CME daily spot market doing normal business.

Green returned to milk markets Friday as we finish the week on a strong note in a highly volatile market.

USDA National Agricultural Statistics Service (NASS) announced it’s canceling the July Cattle Inventory Report. In the announcement, NASS blamed budget cuts from the most recent appropriations bills.

Consistent biosecurity measures have always been needed on dairy farms. And, on the heels of several confirmed cases of the HPAI in dairy cattle this spring, the need for stepped-up biosecurity measures is essential.