Profitability - Articles - Page 4

Economic update: Class I milk base price, culling rates hit five-month highs

The Class I milk base price rebounds in October while the year-to-date dairy cow culling rate is the highest since 1986.

September 22, 2023

Dave Natzke

The Federal Reserve Board’s Federal Open Market Committee (FOMC) voted to maintain the interest rate for federal funds at 5.5%.

How dairy farms with 500 cows or fewer can survive

Increasing efficiency, reducing expenses, paying down debt, sticking to a budget and investing in professional help where needed are five ways smaller herds can stay competitive.

September 18, 2023

Pauly Paul

The majority of U.S. milk production comes from dairy farms with 500 cows or more. However, that doesn’t mean those who milk fewer cows can’t find a way to be profitable, successful dairy farming businesses.

USDA cuts 2023-24 milk production estimates, improving outlook for prices

Dairy economic storm beginning to subside but clouds remain

September 12, 2023

Dave Natzke

From this week's USDA World Ag Supply and Demand Estimates (WASDE) and Crop Production reports to Rabobank's quarterly Global Dairy update, Progressive Dairy summarizes factors potentially impacting dairy producer income.

July 2023 DMC margin falls to $3.52 per cwt

Feed costs were mixed and milk prices weakened, driving dairy producer income margins to a new record low.

August 31, 2023

Dave Natzke

The milk income over feed cost margin should have finally reached bottom in July.

Economic update: September 2023 Class I base price rebounds

July’s Dairy Margin Coverage (DMC) program margin and indemnity payments will be announced later this week.

August 28, 2023

Dave Natzke

High summer culling rates are helping kick off better milk prices this fall.

Back to school on costs of production

A discussion of costs and other metrics of profitability in the context of theory, evidence and future contemplation.

August 8, 2023

Kevin Bernhardt

Costs of production are a common theme of farm profitability. However, it is also often confusing, elusive and changing.

Weekly Digest: Class I mover formula change losses add up

Here is a brief look at the news affecting dairy producers during the first days of August 2023.

August 1, 2023

Dave Natzke

Milk producers in just 13 counties marketed 25% of the total Federal Milk Marketing Order (FMMO) milk marketings in December 2022.

Economic update: ‘Dog days’ of summer have bark, bite

Here’s an update of factors impacting your dairy income as July-August’s “dog days” of summer near their conclusion.

August 1, 2023

Dave Natzke

Despite weakening milk prices this summer, U.S. average prices for replacement cows moved higher, while strong beef prices continued to push market cow prices to an eight-year high.

June 2023 DMC margin falls below ‘catastrophic’ floor

Despite lower feed costs, lower milk prices drove dairy producer margins to new lows.

July 28, 2023

Dave Natzke

DMC indemnity payments will surpass income margins for many dairy producers.

Characteristics of dairy farms with consistently lower costs of production per hundredweight

Lower labor and purchased feed costs per hundredweight are two commonalities between dairies with consistently lower costs of production than their peers.

July 24, 2023

Chuck Nicholson

A project recently funded by the University of Wisconsin’s Dairy Innovation Hub set out to explore patterns of costs of production per hundredweight among Wisconsin dairies, and in particular to explore how well the farms do at managing the costs of production over time given the never-ending challenges.

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Economic update: Class I milk base price, culling rates hit five-month highs

How dairy farms with 500 cows or fewer can survive

USDA cuts 2023-24 milk production estimates, improving outlook for prices

July 2023 DMC margin falls to $3.52 per cwt

Economic update: September 2023 Class I base price rebounds

Back to school on costs of production

Weekly Digest: Class I mover formula change losses add up

Economic update: ‘Dog days’ of summer have bark, bite

June 2023 DMC margin falls below ‘catastrophic’ floor

Characteristics of dairy farms with consistently lower costs of production per hundredweight

Carbon Conference brings together pioneers, experts to outline market opportunities

Supporting the transition cow: A probiotic-centered approach

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