The daughter of peanut farmers from Georgia, Krysta Harden shows a true passion for dairy. As the president and chief executive officer of the U.S. Dairy Export Council (USDEC), she champions the work of U.S. dairy farmers and the high-quality, high-value products produced from their efforts. Progressive Dairy Managing Editor Karen Lee met with Harden to discuss how USDEC strategically meets global consumer demand for dairy and opens new opportunities for U.S. dairy products and ingredients, placing not only volume but also value in the world’s marketplace.

The USDA National Agricultural Statistics Service (NASS) released its Agricultural Prices report Oct. 31, which includes feed costs used to calculate the September Dairy Margin Coverage (DMC) program margins and indemnity payments. The month’s margin was $15.57 per hundredweight (cwt).

Here’s an update on news impacting your dairy as October 2024 comes to an end.

After peaking last month, U.S. dairy producer milk checks in many marketing areas are likely headed lower during the fourth quarter of the year.

Dairy cull cows marketed through U.S. slaughter plants in September lowest since 2007.

Here are some updates in dairy news this week.

Milk futures remain high as feed costs drop to levels last seen in 2020, yet other market pressures such as lower butter and cheese prices and waning holiday demand, as well as recent milk production reports revealing gains for the first time in more than a year, complicate the matter.

U.S. milk production was down 3.9% in September compared to a month prior, according to the USDA’s September Milk Production report released Oct. 21. Production was up 0.1% year over year, while third quarterly estimates (July-September) were also up slightly from the same time in 2023.