Articles Tagged with ''USDA reports''
Here is a brief look at the news affecting dairy producers for the week of July 2-8, 2023.
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Economic update: June milk prices will reflect weak protein and Class III prices, Class IV depooling
Here’s an update of factors impacting your dairy income as the calendar turns to July.
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May 2023 DMC margin plummets to $4.83 per cwt
A declining U.S. average milk price more than offset lower average overall feed costs, shrinking the milk income margin.
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Economic update: Dairy organizations submit modified proposals for possible hearing
Here’s an update of factors impacting your dairy income for the final week of June Dairy Month 2023.
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Small growth in May milk production was enough to pressure prices lower
Year-over-year U.S. milk production was up 0.6%, with cow numbers up about 13,000 head.
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Dairy risk management calendar: July 2023
Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
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May 2023 FMMO uniform prices mixed as Class III-IV pooling seesaws
With the Class IV milk price back above the Class III price, incentives for Class IV depooling returned.
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USDA cuts 2023 milk production forecast, Class III and all-milk price projections lowered
Milk production and price projections for 2024 follow patterns similar to 2023.
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Economic update: April 2023 DMC payments top $134 million
Here’s an update of factors impacting your dairy income for the week of June 4-10, 2023.
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