milk prices

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 ...

The number of dairy operations may be shrinking here in the U.S., but milk output is increasing.  This year's production will top 2018  by about a billion pounds and USDA analysts forecasting for 2020 an increase in production of almost 4 billion pounds, 224 billion pounds.   ...

Dairy producers who participated in the Livestock Gross Margin for Dairy Cattle Program now can participate in the Margin Protection Program for Dairy for 2018 coverage.   The Department of Agriculture announced the eligibility last week.  Pr...

Many analysts expect the U.S. dairy herd to shrink this year, which could push milk prices higher.  They may be a month late, thanks to the government shutdown, but the USDA has finally released the milk production numbers from 2018.  Last year, dairy operations turned out 218 billion pounds of milk 1% higher than 2017's figure, and they did it with a slightly smaller herd but milk per cow was up

The latest USDA numbers on milk production are in.  July production came in at 18.4 billion pounds, up 0.4% from July 2017.  The dairy herd shrank slightly compared to a year ago, with 8,000 fewer head.  However, milk per cow last month averaged 1,953 pounds, ten pounds more than July of last year.   USDA ...

Prices for milk and milk products are expected to be down in 2018 in comparison to 2017, that according to the USDA.   Outlook Board Chair Seth Meyer said there are a lot of factors.   “Slower growth in milk per cow and when we look out further, an expectation of a little bit lower growth in cow numbers based upon some changes in product prices.”   There...

The USDA released their April forecast for milk supply and demand this week.   World Outlook Board Chair Seth Meyer said it’s, “A further building of stocks. We’ve got very large stocks of butter and cheese and that’s beginning to weigh on prices. When we look across the board th...

Politico reports there is no guarantee the USDA will spend all $20 million pledged last week to buy cheddar cheese surplus supplies.  That’s because the first cheese purchase announced earlier this year fell short.   USDA had pledged $20 million in purchases in August to offset lower global dairy markets.  However, USDA...

Dairy operators are putting out more milk in 2016 than in 2015, and next year could see another increase as well.   Milk prices have reflected that larger supply as they have dropped over the first half of the year, but USDA Economist Rob Johannsson said that could be ending soon.  ...