dairy prices

According to the USDA’s latest agricultural prices report, producers nationwide received less for their commodities, on the whole in March.  The price index was lowered just over 3% from the prior month, a reflection of reductions in both production indexes month over month.   The L...

When it comes to milk production, numbers continue to increase across much of the United States.   “We continue the trend of California being down three percent, and that’s just on the heels of that ongoing pressure from HPAI," said Mike North, principal at Ever.ag.  "The bottom...

American farmers are facing a variety of challenges right now.  Tariffs are on and then off, then on again.  Prices for most commodities are down while input and labor costs are up.  Despite the headwinds, Chris Galen, senior vice president of member services and governance for the National Milk Producers Federation, said the dairy industry is doing fine.   “So far, so goo...

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...

Is there growth potential ahead for U.S. dairy? It’s possible.  Shawn Hackett of Hackett Financial Advisors said there are two issues impacting the industry right now.   "We have this wide-spreading avian flu. It's now expanded into California, and we've had buyers get very fearful about future production and have been front-end loaning their purchases well into the future because they're con

There is still pushback against the USDA proposal for modernizing the Federal Milk Marketing Orders.  The National Milk Producers Federation's Chris Galen said much of the pushback has to do with Class One pricing.   “I would say, for the most part, the things that farm organizations wanted, dairy farm organizations wanted, were reflected in that proposal," Galen said.  "So, one of t...

It’s been a back-and-forth roller coaster in the dairy markets lately.  Mike North of Ever.ag said there are a lot of reasons behind the volatility.   "You have a scramble taking place right now as we produce enough cheese to meet all of the Q4 demand, and obviously, that requires milk, so different players in this market on given days are trying to jockey positions to get ahead of the trend,

The February FAO Food Price Index averaged 131.2 points in January 2023, down 1.1 points, or 0.8%, from December, marking the 10th consecutive monthly decline.  With this latest decline, the index has fallen 28.6 points, 17.9%, from its peak in March 2022.  ...

Milk production forecasts are up for 2022 and 2023.   “That’s reflecting higher cow numbers," said World Agricultural Outlook Board Chair Mark Jekanowski.  "We expect milk production to be higher than we were forecasting in July and will continue to increase year-over-year.  Now we’re forecasting ab...

With dairy, one story in USDA's March WASDE report is record high prices. "The all milk price was raised $1.50 per hundred weight to $25.05 per hundred weight, and that would be a new record compared to the previous record, which was achieved in 2014," noted World Agriculture Outlook Board Chair Mark Jekanowski calls the increase significant ...