Articles Tagged with ''USDA''
The 2024 milk production forecast was lowered, but recent price strength raises cheese, butter, nonfat dry milk and whey price forecasts.
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2024 starts with fewer dairy cows, replacement heifers
With fewer cows and increased crossbreeding to beef sires, the number of dairy replacement heifers to start the year is the lowest in nearly two decades.
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December DMC margin is $8.44 per cwt
A small increase in U.S. average feed costs and lower milk prices combined to pressure December’s Dairy Margin Coverage (DMC) program margin lower.
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Dairy risk management calendar: February 2024
Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
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DMC program software update likely in February or March
The new software is necessary to make milk production history modifications for the 2024 DMC coverage period.
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Economic Update: February 2024 Class I base price lower
For the second month in a row, November overall fluid milk sales were up slightly.
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Economic Update: Dairy cull cow marketing slowed since September
Two upcoming USDA reports will update dairy cow numbers entering 2024.
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