Dairy News - Articles - Page 37

Economic update: March 2023 Class I base price dips below $19

It’s the end of the month, with lots of numbers to digest and even more to come. Here’s an update of those impacting your dairy income as February came to a close.

February 27, 2023

Dave Natzke

March 2023’s Federal Milk Marketing Order (FMMO) advanced Class I base price moved lower, falling below $19 per hundredweight for the first time since November 2021.

U.S. milk production starts 2023 stronger

After a slower fourth quarter to end 2022, January growth was up 1.3%.

February 24, 2023

Dave Natzke

January 2023 U.S. milk production growth picked up the pace as both cow numbers and milk output per cow increased.

Dairy risk management calendar: March 2023

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

February 22, 2023

Dave Natzke

Weekly Digest: 2023 DMC milk enrollment percentage up

Here is a brief look at the news affecting dairy producers for the weeks of Feb. 12-18, 2023.

February 15, 2023

Dave Natzke

Digest highlights

2023 DMC milk enrollment percentage up

House farm bill hearing held at World Ag Expo

Gillibrand announces 2023 Farm Bill dairy priorities

Coming up

January FMMOs: A little lower prices, a little more Class IV

February 15, 2023

Dave Natzke

It wasn’t a rush to the pools but Class IV represented about 12.5% of the total milk pooled in all FMMOs in January, the highest volume and percentage since last May. It probably won't last.

U.S. dairy exports set new records in 2022

USDEC analysts are watching headwinds on the horizon for 2023.

February 10, 2023

Dave Natzke

U.S. dairy exports finished what was an already stellar year with gusto, according to a monthly market update from the U.S. Dairy Export Council (USDEC).

2023 Dairy Strong: Dairy’s future hinges on innovation, relationships

About 400 dairy producers and allied industry representatives attended the conference, hosted annually by the Wisconsin-based Dairy Business Association.

February 9, 2023

Karen Lee and Dave Natzke

No industry is immune from disruptions, but dairy can survive and thrive through innovation, building relational trust and being active participants in government, speakers told producers and allied industry representatives during the 2023 Dairy Strong conference.

USDA reduces 2023 milk production, price projections

The USDA’s February World Ag Supply and Demand Estimates report provides updated production and price forecasts.

February 8, 2023

Dave Natzke

The USDA’s monthly World Ag Supply and Demand Estimates (WASDE) report, released Feb. 8, reduced both 2022 and 2023 U.S. milk production estimates from last month, but also cut 2023 price projections.