Dairy News
January 2024 brought more of the same for FMMO prices, pooling
Uniform prices were lower and Class IV milk stayed out of the pool.
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Weekly Digest: Fewer dairy cows in drought areas
USDA forecast sees lower dairy income, DMC payments in 2024.
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December concludes year of limited dairy export growth in 2023
December closed out a year of strong competition from the European Union and New Zealand and sluggish demand, resulting in a 7% decline for U.S. dairy product exports in 2023.
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USDA milk production lower, offset by higher cow inventories
The 2024 milk production forecast was lowered, but recent price strength raises cheese, butter, nonfat dry milk and whey price forecasts.
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Weekly Digest: Southeastern U.S. FMMOs amended
Changes address transportation and marketing costs in the milk-deficit region.
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2024 starts with fewer dairy cows, replacement heifers
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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