cheese prices

U.S. dairy markets are seeing major softening in domestic prices even as dairy output and some export categories swell.

A slight drop in dairy production has led to varied prices for the month of February.  USDA reduced production by 400 million pounds based on recent Milk Production and Cattle Inventory Reports.  They showed a tighter supply of dairy heifers than expected.   ...

Last week, U.S. dairy producers approved the referendum on proposed changes to the Federal Milk Marketing Orders.  Dana Coale, deputy administrator of USDA’s Agricultural Marketing Service, said the agency is happy producers approved the referendum.   “The f...

The USDA’s Agricultural Marketing Service announced a final rule amending the uniform pricing formulas applicable in all 11 Federal Milk Marketing Orders.  The final rule will be published in the Federal Register on Friday, January 17th.  The amendment...

Dairy demand has slowly picked up throughout 2024.  Cory Geiger, lead dairy economist at CoBank, said lower supplies have resulted in higher prices.   “A lot of dynamics moving around the market right now," he noted.  "Early in the year...

As we prepare to wrap up 2019, what can we expect for dairy prices into the New Year?   “Imports of butter to weaken a bit for the remainder of this year in to next year,” said Acting World Agricultural Outlook Board Chair Mark Jekanowski.  “On the other ...