Dairy Industry Issues
The USDA provides answers to common questions related to the recently announced program that provides financial assistance for some milk dumped in 2020-22.
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Southwest pulls August U.S. milk production lower
Reduced cow numbers in California, New Mexico and Texas offset growth in Michigan, South Dakota and Idaho.
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Pools and schools: A look at August FMMO numbers
Thanks to higher component values, August uniform prices improved outside of high Class I utilization marketing areas.
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Year-to-date 2023 DMC payments have topped $1.1 billion
With five months remaining in 2023, total DMC payments have nearly equaled the previous annual high distributed in 2021.
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USDA cuts 2023-24 milk production estimates, improving outlook for prices
Dairy economic storm beginning to subside but clouds remain
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Weekly Digest: Are you eligible for Milk Loss Program assistance?
The USDA is offering financial assistance to eligible dairy operations for milk marketing losses due to weather events in 2020-22.
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Economic update: USDA reduces dairy export forecast
Despite the downturn, the dairy category remains a positive compared to the overall agricultural trade balance.
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Rabobank: Strong revenues, reshuffling highlight dairy’s ‘Top 20’
Surging costs and high milk prices offset strong revenues for the world’s largest dairy companies in 2022.
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