Milk Prices
Wisconsin sees decline in number of dairy farms
Producers need strong export demand to keep U.S. milk prices steady
Fewer hogs eating whey components in China is hurting demand as prices for whey and its components have plunged this year.
Few places in Pennsylvania have seen a more dramatic decline than Erie County, where the number of dairy farms fell 57 percent between 2002 and 2012, sliding from 170 to just 73.
Grain-price declines aren’t enough to make up for other gains.
Northeast dairy farmers who have been strapped for months by low milk prices say a voluntary insurance program that was supposed to be a safety net isn’t helping.
Germany says it will provide at least 100 million euros ($112 million) to help the country’s milk producers who have been suffering from falling prices.
Despite recent rain and snow, California still faces a critical water shortage.
Plant should be operational in the fall of 2017.
Danone, the world’s biggest yogurt maker, forecast profitability to improve in 2016 as its fresh-dairy business recovers, sending the shares higher.
The global over supply of milk is pushing prices downward and giving bankers around the globe heartburn.
The bearish report may not have much impact on markets tomorrow.
By: Alvaro Garcia, SDSU Extension Agriculture & Natural Resources Program Director
The proposal could lead to the erosion of Federal Orders if other specialty milk products claim similar exemptions.
Dairy product sales continue their historical growth pattern in the U.S., which is good news for milk prices.
Key factors indicate that milk prices will continue to strengthen as we progress through the year.
Milk production was close to unchanged (+0.1%) from a year earlier during April, after a 0.6% decline in March.
Learn from observations related to the most recent financial summaries written by Penn State Extension’s dairy business management team.
Overall, U.S. milk production was up by 0.2 percent in February from a year earlier. Butter usage in the US has increased by 2 percent from 2018.
The Southeast Uniform milk price for February was $18.35, up $0.08 from January and $1.78 higher than February 2018.
Prices for butter and non-fat dry milk (NFDM) have posted stellar year-over-year gains so far this year.
The Southeast Uniform milk price for December was $18.00, down $0.71 from November and $1.04 lower than December 2017.
Dwayne Faber’s Twitter following climbed to over 30,000. Humor helped him gain traction. That daily dose of humor still exists, despite the many challenges he’s battling as a dairy farmer in Washington State.
In their October World Agriculture Supply and Demand Estimates report, USDA boosted both milk production and the 2019 all milk price forecast.
Consumers aren’t just eating more butter, they are willing to pay more for it, a boon that’s giving outsize gains to makers of premium brands.
Last week was tough on the milk market. Not only did the Global Dairy Trade auction come in lower for the second consecutive time, but USDA’s milk production report and cold storage report both indicated oversuppl
The United States Department of Agriculture reported Friday afternoon that December milk production was up just 0.7%, the fifth consecutive month that milk production grew less than 1%.
Milk production for 2015 is raised on slightly stronger growth in milk per cow. Forecast 2016 milk production is reduced from last month. Cow numbers are lowered due to lower expected milk prices and the recent blizza
Spring weather typically brings a flush of milk which is why analysts say its possible milk prices may get worse before getting better in 2019.