Dairy Demand - Articles

Economic Update: Class I base price falls for December

November 21, 2024

Here is a look at news affecting a dairy producer's bottom line: Class I base price falls for December, GDT index up 1.9%, USDA extends application deadline for Organic Dairy Marketing Assistance until Dec. 13, and SNAP Healthy Fluid Milk Incentive program expands to 1,150 stores in 32 states by 2025.

Price and pooling factors weigh on October FMMO uniform milk prices

An uptick in the Class I milk price supported uniform prices in high fluid utilization areas, but producers in other regions may feel the impact of lower Class II-III-IV milk prices and negative PPDs on their milk checks.

November 15, 2024

Dave Natzke

Here’s Progressive Dairy’s monthly review of October 2024 FMMO data to provide some additional transparency to your milk check.

National leaders share bullish views for U.S. dairy

Strong protein demand, both domestic and global, is opening more opportunities for dairy products and ingredients.

October 29, 2024

Karen Lee

Four national dairy leaders were featured at the Global Dairy Summit, held by the Wisconsin Department of Agriculture, Trade and Consumer Protection (DATCP) on the expo grounds. The panel presentation covered the topics of global dairy product prospects, domestic dairy production and manufacturing trends, consumer dairy product purchasing patterns, and the future of dairy ingredients.

Supply and demand expectations for the top 5 global dairy regions

The U.S., Europe, Oceania, South America and China make up over 80% of global dairy trade. Some of these regions are poised to grow in milk production to meet the world's growing demand for dairy.

October 22, 2024

Karen Lee

At a 2024 World Dairy Expo breakfast event, Rabobank’s global dairy analysts provided an overview of the major dairy regions across the world in terms of their milk production capabilities and trade outlook.

Weekly Digest: Fluid milk sales trend higher than last year

October 17, 2024

Karen Lee

In the news this week: August fluid milk sales are up, sugar in school milk is down, and the first champions were crowned in The Milk Cup.

USDA projections provide mixed news for dairy’s bottom line

Large crops and lower feed costs could help partially offset a dip in milk prices as dairy producers look to close out 2024 and plan ahead for 2025.

October 14, 2024

Audrey Schmitz

The USDA’s World Ag Supply and Demand Estimates (WASDE) report offers forecasts for dairy, beef and feedstuffs.

Weekly Digest: Congress passes short-term government spending package

September 30, 2024

Karen Lee

In the news this week, Congress extends government funding, dairy education and outreach grants are available, assistance is offered for organic dairy producers, and a new umbrella brand is revealed for federal and state policy efforts.

Economic Update: Class I base price hits two-year high in October

September 23, 2024

Dave Natzke and Karen Lee

In the Economic Update, the Class I base price hits two-year high in October, fluid milk sales continue upward trend, and the USDA launches an assistance network to support financially distressed farmers.

September WASDE report projects third-highest production for corn on record

Based on conditions as of Sept. 1, corn yields are forecast at a record-high 183.6 bushels per acre, which is 0.5 bushels higher than last month’s projection and up 6.3 bushels from last year’s final estimate of 177.3 bushels.

September 16, 2024

Audrey Schmitz

The USDA’s World Ag Supply and Demand Estimates (WASDE) report offers forecasts for dairy, beef and feedstuffs.

Rabobank: Market narratives are shifting

September 9, 2024

Karen Lee

Analysts at Rabobank are expecting supply from the seven major milk-producing regions of the world to increase modestly over the second half of 2024 due to recent improvements in milk prices and cheaper feed.

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Economic Update: Class I base price falls for December

Price and pooling factors weigh on October FMMO uniform milk prices

National leaders share bullish views for U.S. dairy

Supply and demand expectations for the top 5 global dairy regions

Weekly Digest: Fluid milk sales trend higher than last year

USDA projections provide mixed news for dairy’s bottom line

Weekly Digest: Congress passes short-term government spending package

Economic Update: Class I base price hits two-year high in October

September WASDE report projects third-highest production for corn on record

Rabobank: Market narratives are shifting

3 Open Minutes with retiring Holstein Association USA CEO John Meyer

Economic Update: Class I base price falls for December

Milk production slightly higher than year ago for third consecutive month

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3 Open Minutes with retiring Holstein Association USA CEO John Meyer

Milk production slightly higher than year ago for third consecutive month

Weekly Digest: CARB approves Low Carbon Fuel Standard program updates

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[Podcast] FMMO modernization: USDA’s final decision and the impact it could have on milk prices

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