The USDA National Agricultural Statistics Service (NASS) released its Agricultural Prices report Nov. 19, which includes feed costs used to calculate the October Dairy Margin Coverage (DMC) program margins and indemnity payments. The margin slipped to $15.17 per hundredweight (cwt).

Dairy cull cows marketed through U.S. slaughter plants in October lowest since 2010.

The November Feed Outlook report shows 2024-25 U.S. coarse grains supplies are reduced on lower corn yields. The 2024-25 U.S. coarse grain supply forecast is lower this month, as a slight decrease in corn yields offsets gains in sorghum supplies realized through elevated yields.

Here is a look at news affecting a dairy producer's bottom line: Class I base price falls for December, GDT index up 1.9%, USDA extends application deadline for Organic Dairy Marketing Assistance until Dec. 13, and SNAP Healthy Fluid Milk Incentive program expands to 1,150 stores in 32 states by 2025.

Thirteen states including Texas, Idaho and South Dakota boosted milk production a combined 258 million pounds in October.

The USDA’s World Ag Supply and Demand Estimates (WASDE) report offers forecasts for dairy, beef and feedstuffs.

Strong demand for U.S. dairy products around the global, with the exception of China, propelled year-over-year dairy exports forward by 8.5% in September. Here’s Progressive Dairy’s 30,000-foot look at dairy-related export categories.