Articles Tagged with ''USDA reports''
September U.S. milk production was up from a year prior, but down from the USDA’s August revised estimates.
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USDA projections provide mixed news for dairy’s bottom line
Large crops and lower feed costs could help partially offset a dip in milk prices as dairy producers look to close out 2024 and plan ahead for 2025.
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U.S. cheese and protein sales boost export value by 10%
August posted a meek improvement for U.S. dairy exports in milk solid equivalent, but the month’s export value was the biggest climb of the year.
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September FMMO milk class prices shine
September 2024 Federal Milk Marketing Order (FMMO) pooling estimates, uniform prices and producer price differentials are scheduled to be released on Oct. 11-14.
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August delivers with $13.72 DMC margin
Milk prices rally while feed costs fall in August to support a Dairy Margin Coverage program margin of $13.72 per cwt, the highest margin recorded since the program’s inception in the 2018 Farm Bill.
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Milk production decreases slightly in August USDA estimate
August U.S. milk production was unchanged from previous month but was down about 0.1% from USDA’s estimates a year earlier.
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August report on dairy cows culled for beef
Dairy cull cows marketed through U.S. slaughter plants in August lowest since 2020.
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August 2024 FMMO uniform prices move higher as Class III-IV markets move
Blend prices are near a two-year high and could move higher in the fourth quarter of 2024.
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