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

Gains made across all categories helped U.S. dairy exports post a 9.6% year-over-year rise in milk solids equivalent in July. The month’s success set the tone for an optimistic second half of the year. Here’s Progressive Dairy’s 30,000-foot view of dairy-related export categories.

The USDA National Agricultural Statistics Service (NASS) released its Agricultural Prices report Aug. 30, which includes feed costs used to calculate the July Dairy Margin Coverage (DMC) program margins and indemnity payments. July’s margin was $12.33 per hundredweight (cwt).

To date in 2024, total dairy exports are valued at $5.9 billion with the fiscal year-end forecast at $8 billion.

Dairy cull cows marketed through U.S. slaughter plants in July lowest since 2017.

Seventeen states including New Mexico, Minnesota, Arizona and Idaho reduced production a combined 176 million pounds.

Several big initiatives are making headlines. Here is the latest news affecting dairy producers across the country.

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