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.
Enrollment for Dairy Margin Coverage program for 2021 ends Friday, Dec. 11, 2020.
After three years of discussions, the largest producer of milk in the country is finally joining the Federal Milk Order.
What do dairy and the video game Minecraft have in common?
From dumping milk to higher prices, it has been a wild year for the dairy industry. But can those higher prices continue into the new year?
This year has been anything but predictable for dairy prices between dumping milk, the pandemic and price recovery.
AgDay national reporter, Betsy Jibben, reports the pandemic is cutting into that demand at school districts across the country.
Wild price swings and new record highs have been dominated market activity during the first half of the year.
CME block cheddar prices have been setting new record highs all month, driven primarily by tight supplies of fresh cheese.
Economists predict extreme volatility in the next few months.
Breed selection, genetic composition of dairy herds, feeding practices and so on are potential influences of component trends.
As we ring in 2020, I think it’s important to take a look back over the past 10 years and to look forward to the next 10.
The Southeast Uniform milk price for December was $19.04, down $0.03 from November and $0.74 lower than December 2016.
With more milk predicted for 2019, dumping excess milk may increase, too.
Backing from 75% of California’s dairy producers via supporting votes from three major cooperatives should result in the state being the 11th member of the Federal Milk Marketing Order.
As hauling costs increase, producers consider hauling their own milk.
AgriTalk After The Bell Host Chip Flory talks with Mike North of Commodity Risk Management Group. Newsman Davis Michaelsen keeps you up to date on markets!