With harvest approaching, questions on whether crop insurance will make payments this year are beginning to arise, particularly for corn where the prospects are for the harvest price to be below the projected price.
Currently, the Class III future price is set marginally lower at $16.63/cwt for September but higher than the $15.84/cwt of September 2015, when the market really started to take a turn for the worst.
Strong profit results from Australian and New Zealand dairy processors on Wednesday fanned hopes of a market revival as farmers globally curb milk production after a glut that pushed prices to multi-year lows.
University of Wisconsin Extension have been working on improving the software system developed last summer where producers can use farm-specific estimated regression models to forecast their own mailbox price for 12 mon
Global dairy prices leapt in a fortnightly auction on Wednesday, marking their fourth straight jump, helping to boost New Zealand's terms of trade, prop up economic growth and bolster payouts to farmers.
Global dairy prices rose for the third time in a row at an international auction on Wednesday, bolstering hope that last year's recovery is back on track.
Los Angeles Times writer<p></p>Geoffrey Mohan<p></p>reported on the front page of the business section on Friday, December 30th that, "For food shoppers, 2016 was a back-to-the-future experience, with<p></p>retail price
International milk prices posted their largest fall in three months in the year's first auction held early Wednesday, dragged down by a sharp drop in whole milk powder prices as an expected rally failed to materialize.
International milk prices fell for the first time in more than two months in an auction early on Wednesday as a recent recovery in the dairy industry unexpectedly reversed course.
The Oct 12 WASDE report, was met by traders bias as a negative report, <p></p>but now as we are finishing the week,<p></p>markets have turned around and gained most of what was lost. Find out why as Jerry Gulke, President o
The United States Department of Agriculture reported this afternoon that July milk production was up 1.4%, continuing a trend that has run unabated all year.
Dairy giant Fonterra on Wednesday raised its Australian farmgate milk payout slightly to A$5.20 ($3.97) per kilogram of milk solids, in line with its forecasts, as falling production pushed up prices.
Global dairy prices rose in an overnight auction on Tuesday paring losses from the previous auction earlier this month, and adding to economists' expectations prices are recovering as supply tightens.
Milk prices are slated to rise heading into and through 2017 while production slows, according to USDA's World Agricultural Supply and Demand Estimates.
