Items Tagged with 'USDA reports'
ARTICLES
FARM Program releases new versions, and $12 million in grant funding announced for dairy initiatives.
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May DMC margin is $10.52 per cwt
No indemnity payments for the Dairy Margin Coverage program were issued for the third consecutive month. Income over feed costs continue to be favorable for dairy producers despite higher feed prices.
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May dairy cows culled for beef lowest since 2016
Dairy cull cows marketed through U.S. slaughter plants lowest May total since 2016.
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Milk production decreases in USDA May estimates
With leap day adjustments, U.S. milk production has now declined for 10 consecutive months compared to the same months a year earlier.
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USDA outlook sees little change in 2024-25 milk production
Milk production forecasts for both 2024 and 2025 are unchanged from last month with slight adjustments to cow inventories offset by slower growth in milk output per cow.
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