Milk Prices
Class IV milk saw August fall 13 cents to $18.81/cwt, September fell 19 to $18.91, and October plummeted 39 cents to $18.95/cwt.
Dairy markets resumed their rally on Monday with Class III prices closing 40 cents stronger in the August and September months.
After giving back some of last week’s big gains in Class III Milk, prices bounced back on Friday.
The USDA failed to deliver good news to dairy producers in it’s recent U.S. Milk Production Report.
Class III markets continue to be confused on which direction they want to go.
Changing demographics could eventually diminish China’s Importance in global dairy markets.
Cheese prices made a dramatic turn over the past month as buyers turned aggressive.
July ag economists’ monthly monitor reveals milk price expectations into 2024.
Class III milk continued its aggressive rally trading limit higher in August, September, October, and November
The hearing, which will take place in the Indianapolis suburb of Carmel, Indiana, could potentially result in the first significant reform of milk marketing orders since 2000.
There are 22 proposals for consideration during the Federal Milk Marketing Order system hearing process that will be assembled on Aug. 28 at 9 a.m. EST in Carmell, Ind.
The American Dairy Coalition is asking legislators to restore the previous ‘higher of’ pricing method as soon as possible. Here’s why.
Phil Plourd with Ever.Ag says that combine miserable weather in key growth areas such as Texas with shrinking farm margins and you get a Milk Production report showing the worst performance that we’ve seen in a while.
A limit move-up in September Class III milk came from the result of a bullish milk production report coupled with a second consecutive healthy cheese spot trade.
Those in Class III markets will feel the brunt of some of the lowest prices in years. While relief is coming in the form of lower feed prices, a drop in costs won’t be enough to offset their declining milk checks.
The roller coaster continues in our commodity markets.
With the milk price not looking promising compared to last year, Ben Laine says that taking advantage of some opportunities elsewhere will help producers push past what we hope is the bottom of the milk market in 2023.
The saga of lower milk prices is forecasted to continue for dairy farmers as the USDA once again cut 2023 all-milk price projections in its July World Ag Supply and Demand Estimates (WASDE) report.
Negativity breeds negativity, right? Remember that. But the same can be said about positivity. Positivity can grow if we choose it too. Flip a switch on your mind, that will turn up cheerfulness on the farm.
Lower milk prices and higher beef prices are enticing many farmers to cull more dairy cows. But is it making a dent?
The first half of Summer 2023 in dairy markets will be noted for breaking records, and not in a good way.
Lower prices may eventually stimulate exports. However, the current market struggles to find a bottom as supply exceeds demand.
Cheese found some life the day after the second biggest volume day of Barrels traded on the CME.
One by one poor-performing cows are exiting herds as lackluster milk price makes it easier for producers to cull cows. The big question remains - have we culled enough cows to boost milk price?
Another round of Dairy Margin Coverage payments will be coming to producer’s mailboxes, making this the largest payment yet.
Two producers on the opposite side of the country: Dwayne Faber of Washington and Val Lavigne of New York joined AgriTalk host Chip Flory and spoke about the challenges facing their dairies.
Current production levels of dairy products and plentiful milk supplies leaves buyers unconcerned over buying milk.
With the U.S. dairy exports documenting their worst year-over-year decline in four years, Ben Laine with Terrain says the headwinds facing dairy exports side of the equation is what concerns him the most right now.
As beef production falls, meatpackers will be looking to dairy producers for cattle