Dairy Demand
For the second month in a row, November overall fluid milk sales were up slightly.
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USDA milk production, price outlooks remain stagnant
The 2024 milk production forecast was lowered from last month but price projections remains weaker, pressured by cheese and Class III milk.
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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.
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Economic Update: Lots of dairy numbers to start the new year
Concerns over higher interest rates, input inflation and supplies are subsiding.
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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.
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Economic Update: January 2024 Class I base price weakens
‘Average-of’ formula continues to impact price
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Weekly Digest: Whole milk in school
Approved in the House, a bill expanding school milk options faces delays in the Senate.
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November prices aided by higher components as Class IV pooling stays low
Lower FMMO uniform prices were offset by higher seasonal butterfat and protein tests in many areas.
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Reduced milk per cow, cow numbers lower USDA 2023-24 milk production estimates
The milk production forecast for 2023 was lowered from last month due to slower expected growth in milk per cow.
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