Milk Prices
Managing heifer inventories on a dairy farm is not always easy. Deciding which heifers to keep and which to sell, as well as breeding decisions, can be a challenge. Experts offer seven tips on selling surplus heifers.
The lawsuit filed on July 29 in the U.S. District Court in Vermont, claims that DFA has created a market that has many sellers, but only one single buyer—a monopsony—across Vermont and in 10 other northeast states.
Last week, the Federal Reserve enacted another 0.75%-point interest rate increase to help combat high inflation rate. This increase in interest rates adds an additional cost that the farmer must carry.
The high temperatures and lack of rain that face south-central Missouri have not only played havoc on Michelle Eilenstine’s mind, but also with her corn crop.
As we soon will be flipping the calendar to August, you likely already have your chopper in the shop. Mike North, president with ever.ag says there is a narrow window to get things priced in terms of silage.
Tuesday’s spot dairy product session was higher and Class III milk futures surge forward.
Putting a value on corn silage, even when it never leaves the farm is also necessary. Gary Sipiorski says that most farms do not put any kind of a cost on planting corn for silage – and they really ought to.
August milk slipped 50 cents to $20.19/cwt. September also fell 50 cents to $20.01/cwt.
The International Dairy Foods Association announces that registration for Dairy Forum 2023 is now open. More than 1,000 dairy leaders convene each year at Dairy Forum. The event returns in 2023 to Orlando, Florida.
Americans are seeing a once-in-a-generation price spikes at the grocery store. The picture is mixed when looking at how Inflation has affected dairy in comparison to other food products.
Increased cost of production has somewhat been compensated for by increased milk prices. But do milk prices need to remain high just because?
Class III milk futures were lower across the board. July milk was down 22 cents to $22.58/cwt. August milk declined 46 cents to $22.87/cwt.
With consumers already facing sticker shock in the grocery store, heightened butter prices could cause consumers to back away from the dairy aisle.
Some dairy producers have just received their highest milk check to date. What’s the highest milk price you’ve ever received? Vote in our latest poll!
Trent Dado’s phone rang nonstop yesterday with the consistent question, “Is now the time to buy?” The Independent Dairy Nutritionist and Management Consultant says the short answer is, “Probably, yes.”
Consumers who are battling soaring food prices try to stretch their grocery budgets.
Through hard work and chasing a goal, the Blase family farm illustrates how farms of any size can capture revenue by sharing their farm experience directly with the consumer.
July milk gained 22 cents to $22.65/cwt. August moved 6 cents higher to $23.14/cwt. September milk settled at $23.57/cwt. Class IV milk prices were slightly lower.
Butter softened a half cent to $2.91/lb, barrels lost a half cent to $2.1425/lb, and nonfat dry milk declined a penny to $1.78/lb.
This past March marked the highest ever U.S. monthly average milk price at $25.90 per cwt. But since that time dairy has been on the downswing.
The Neuenschwander brothers have thrived during a tough dairy economy because of their ability to maximize cow comfort and produce excellent genetics on their Indiana dairy.
Class III milk was up 3 in June to $24.34, July up 1 to $24.25 and August up 1 to $24.40/cwt. The balance of the year was weaker unchanged to 27 lower.
There is uncertainty surrounding the impact a recession could have on milk prices. Dairy demand may perform better than other areas, but slowing demand might pressure milk prices.
The long over-due market turnaround has dairy farmers smiling, but financial experts advise producers to review their profit and loss statements to truly understand the strength of their farm’s financial portfolio.
Butter moves into territory we have not seen since September 2015.
Temporary cream shortages and dwindling butter stocks add support to dairy markets.
Spot butter advanced to $2.9350/lb, the highest price since January in the CME spot dairy product auction.
The soaring costs of labor and the overall lack of availability of labor forced changes to Bocksell Farm. The Wisconsin farm downsized their herd to produce a sustainable dairy operation that worked for their family.
The increased cost associated with raising heifers has made producers retool their thinking. Earlier management decisions are happening on dairies, with a more dialed-in, strategic breeding philosophy being adapted.
Unaware of what’s coming next, Arizona dairy farmer Craig Caballero always keeps his eyes on the ball — something he learned from his time behind home plate as an MLB catcher in the mid-90s.