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November dairy, ag exports yield mixed results

Here’s Progressive Dairy’s 30,000-foot look at dairy-related export categories.

January 10, 2024

November 2023 U.S. agricultural export numbers revealed higher sales volumes of cheese, high-protein whey, dairy heifers and hay.

December FMMO milk class prices lower

December 2023 Federal Milk Marketing Order (FMMO) pooling estimates, uniform prices and producer price differentials are scheduled to be released on Jan. 11-14.

January 5, 2024

Dave Natzke

Milk checks for December milk production will reflect lower Federal Milk Marketing Order (FMMO) milk class prices.

Safe milk: Drug residue incidence drops for seventh straight year

January 5, 2024

Audrey Schmitz

Just 345 out of nearly 3.7 million milk samples tested positive for animal drug residues in the FDA’s annual analysis. Those samples testing positive were rejected for human consumption. That works out to be only 1 out of every 10,707 samples.

Economic Update: Lots of dairy numbers to start the new year

Concerns over higher interest rates, input inflation and supplies are subsiding.

January 3, 2024

Dave Natzke

Here’s an update on economic factors impacting your dairy profitability during the first week of January 2024.

November 2023 DMC margin moves above indemnity trigger

Small changes in the U.S. average feed cost and milk price were enough to push November’s Dairy Margin Coverage (DMC) margin higher.

December 29, 2023

Dave Natzke

The USDA National Agricultural Statistics Service (NASS) released its latest Ag Prices report on Dec. 29, including factors used to calculate the November 2023 Dairy Margin Coverage (DMC) margin.

InFocus: Cheese consumption hits all-time high in 2022

USDA data shows American dairy per-capita consumption across products consistently increasing each year, with 2022 up 0.4% over the past five years, 7.5% over the past 15 years and 16.1% over the past 30 years.

December 29, 2023

Audrey Schmitz

In the past decade alone, domestic per-capita consumption of cheese is up 17.1%, and per-capita butter consumption is up 9.0%.

Dairy risk management calendar: January 2024

The 2024 Dairy Margin Coverage (DMC) program enrollment period should be announced soon.

December 27, 2023

Dave Natzke

Progressive Dairy provides monthly online updates of important dates, reports and factors affecting risk management decisions.

November report on dairy cows marketed for beef

December 26, 2023

Audrey Schmitz

Dairy cull cow marketing trailed year-ago levels for 14 consecutive weeks.

Economic Update: January 2024 Class I base price weakens

‘Average-of’ formula continues to impact price

December 20, 2023

Dave Natzke

Here’s an update on economic factors impacting your dairy profitability as we approach Christmas of 2023.

Cow numbers, milk production continue to decline in November USDA estimates

Ten states including California, New Mexico, Texas, Pennsylvania and Colorado reduced milk production a combined 188 million pounds.

December 20, 2023

Audrey Schmitz

The preliminary estimate of overall November U.S. milk production compared to a year earlier was down by 104 million pounds (0.6%).

Progressive Dairy
Challenges, opportunities and the future of AI in dairy nutrition
November 1, 2024
September DMC margin is record-shattering at $15.57
October 31, 2024
- Weekly Digest: USDA to begin bulk milk testing for H5N1
  October 31, 2024

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September DMC margin is record-shattering at $15.57
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Weekly Digest: USDA to begin bulk milk testing for H5N1
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