dairy prices

Farmers Were Paid Less For Their Commodities In March, USDA Notes
Farmers Were Paid Less For Their Commodities In March, USDA Notes
Farmers Were Paid Less For Their Commodities In March, USDA Notes
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...
Galen: Dairy Economics Remain Solid
Galen: Dairy Economics Remain Solid
Galen: Dairy Economics Remain Solid
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...
AMS Pleased With FMMO Approval
AMS Pleased With FMMO Approval
AMS Pleased With FMMO Approval
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...
Could Expansion Be In The Future For The Dairy Industry?
Could Expansion Be In The Future For The Dairy Industry?
Could Expansion Be In The Future For The Dairy Industry?
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
Concerns Remain Over FMMO Proposals
Concerns Remain Over FMMO Proposals
Concerns Remain Over FMMO Proposals
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...
Dairy Market Volatility Not Surprising To One Industry Expert
Dairy Market Volatility Not Surprising To One Industry Expert
Dairy Market Volatility Not Surprising To One Industry Expert
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,
USDA Predicts More Milk Production, Lower Prices
USDA Predicts More Milk Production, Lower Prices
USDA Predicts More Milk Production, Lower Prices
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...
USDA Anticipates Record High Dairy Prices
USDA Anticipates Record High Dairy Prices
USDA Anticipates Record High Dairy Prices
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 ...

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