Articles Tagged with ''USDA reports''
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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Milk production stayed on downward slope to end 2023
Decline continued in December, pressured by lower cow numbers, no output growth.
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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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December 2023 FMMO uniform prices lower
Class II, III and IV milk prices were down and Class IV depooling remained prominent.
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USDA milk production, price outlooks remain stagnant
The 2024 milk production forecast was lowered from last month but price projections remains weaker, pressured by cheese and Class III milk.
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