Milk prices are slated to rise heading into and through 2017 while production slows, according to USDA's World Agricultural Supply and Demand Estimates.
The U.S. Agriculture Department left its domestic supply estimates for corn, soybeans and wheat unchanged on Friday, holding usage forecasts for all three commodities steady with its November outlook.
U.S. wheat supplies were seen shrinking below market estimates as the export outlook brightened despite ample global stocks and a firm dollar that had been seen as a brake on overseas demand, the U.S. Agriculture Depart
The U.S. Agriculture Department raised its already-record outlook for the U.S. soybean harvest on Wednesday as the crop benefited from timely rains throughout August.
In early August, the United States Department of Agriculture published the milk margin for May/June 2016 and it was $5.76. The calculated USDA milk margin is used in the Margin Protection Program for Dairy (MPP) to det
Dairy farmers who want to enroll in the 2017 Dairy Margin Protection Program, renew their current enrollment or change coverage levels, can do so beginning today at their local Farm Service Agency office. The 2017 enrol
Dairy margins continue to project negative through the first half of the year on heavy milk production and high supplies of dairy products, while expectations for this balance to shift in late 2016 helped support deferr
While the stock market has been on a bullish run to close 2016, most ag commodities are feeling the pressure, but dairy has had better luck with milk contracts finishing the year on a higher note.
World food prices rose to a near two-year high in January, driven by surges in sugar quotations and export prices for cereals and vegetable oils, the United Nations food agency said on Thursday.
The Food and Agriculture
The headline of a recent business blog "The REAL shocking costs of dead inventory" by Eric Jensen may cause you to stop and think about how this issue could be related to dairy farms. In Jensen's blog,
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.
