Thanks to the USDA June Milk Outlook, the milk production forecast for 2025 and 2026 were increased.
“For 2025, this is mainly just kicking off the latest milk production report, and that's driven by higher cow inventories and then into 2026, we're expecting to see some increase in milk per cow as well. Supportin...
What are USDA’s projections for the American dairy industry in the coming year?
“Milk production is expected to grow modestly by 0.4%," noted USDA dairy analyst Peyton Ferrier at this year's Ag Outlook Forum. "That's primarily based on herd growth of 0....
It's becoming an unpleasant theme for the year, U.S. dairy operators could see a further squeeze on their margins as 2023 continues. USDA Outlook Board Chairman Mark Jekanowski says once again, they’ve increased production projections while trimming milk prices.
So, wh...
The National Milk Producers Federation’s Board of Directors unanimously endorsed a proposal to modernize the Federal Milk Marketing Order system earlier this month. The Federation says the move caps more than two years of discussion and more than 130 meetings on different aspects of the proposal. The plan to r...
For milk and most dairy products, “prices have started to decline, quicker than we had expected,” noted USDA outlook board chairman Mark Jekanowski. He added it's a combination of continued increases in milk and dairy production plus weak demand and pretty strong international competition.
So far all of 2023 com...
USDA's January WASDE report did not make month-over-month changes to the milk production forecast.
"Staying, most notable, the dairy product supply and demand and dairy product balance sheet, in general, is just that product prices have been very strong and high U
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