Dairy Foods
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, 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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Weekly Digest: DMC payments, dairy export updates
The USDA’s dairy export forecast is reduced as the overall ag trade deficit grows.
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Economic Update: December 2023 Class I base price steady
Dairy cow culling remained slower in October and average farm wages were up.
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U.S. ag trade balance deficit deepens
Despite record shipments of whey protein concentrate and a rebound in U.S. cheese exports, year-over-year U.S. dairy exports fell again in September.
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