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  • Monday, May 14, 2018 9:50 AM
    The Agriculture Department announced the April Federal order Class III milk price at $14.47 per hundredweight (cwt.), up 25 cents from March, 75 cents below April 2017 and the highest Class III since December 2017 and 20 cents above California’s comparable Class 4b cheese milk price.
  • Monday, April 30, 2018 10:08 AM
        Global dairy trade spirits got a lift and so did prices in Tuesday’s Global Dairy Trade (GDT) auction. The weighted average of products offered shot up 2.7 percent, following a 0.6 percent dip on April 2 and a 1.2 percent drop March 20. The quantity sold climbed to 42.5 million pounds, up from just under 38 million pounds in the last event.
  • Monday, April 16, 2018 1:05 PM
        The March Federal order Class III benchmark milk price started climbing out of its hole and hit $14.22 per hundredweight (cwt.), up 82 cents from February but is $1.59 below March 2017.
  • Sunday, March 25, 2018 11:13 AM
        As it always does, USDA’s monthly Livestock, Dairy, and Poultry Outlook, issued March 14, mirrored dairy projections contained in the March 8 World Agricultural Supply and Demand Estimates report.
  • Monday, March 12, 2018 10:01 AM
        The Federal order benchmark milk price has dipped further but looks to be at the bottom for the year. The Agriculture Department announced the February Class III price at $13.40 per hundredweight (cwt.), down 60 cents from January, $3.48 below February 2017, and the lowest Class III since June 2016.
  • Monday, February 26, 2018 10:11 AM
     The Agriculture Department’s monthly Livestock, Dairy, and Poultry Outlook, issued Feb. 14, mirrored dairy projections in the Feb. 8 World Agricultural Supply and Demand Estimates report.
  • Monday, February 12, 2018 10:23 AM
        The first benchmark milk price of 2018 is not good news for dairy producers and, hopefully, not a Punxsutawney Phil type prediction of “six more weeks of winter.”
  • Monday, January 29, 2018 11:14 AM
    The second Global Dairy Trade (GDT) auction of 2018 added to the encouragement of the first, showing a 4.9 percent gain in the weighted average of all products offered.
  • Monday, January 15, 2018 10:55 AM
        The Global Dairy Trade (GDT) auction started 2018 with a small shot of encouragement on January 2, led by powder, as New Zealand-based Fonterra lowered its offerings of whole milk powder.
  • Tuesday, December 26, 2017 10:39 AM
    The Agriculture Department lowered its 2017 and 2018 milk production forecasts in its latest World Agricultural Supply and Demand Estimates report, due to slower growth in milk per cow.
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