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  • June Class III price highest since November 2017

    Monday, July 15, 2019 12:52 PM
        The Agriculture Department announced the June Federal order benchmark milk price at $16.27 per hundredweight, down 11 cents from May but $1.06 above June 2018 and is $1.84 above what California’s 4b cheese milk price was in June 2018.
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  • 2019 production estimated at 218 billion pounds

    Monday, June 24, 2019 9:50 AM
    The Agriculture Department lowered its 2019 milk production estimate for the seventh month in a row in the latest World Agricultural Supply and Demand Estimates (WASDE) report, blaming slower-than-anticipated growth in milk per cow and lower expected cow numbers
    read the full story

  • Tariffs issued to Mexico effective June 10

    Monday, June 10, 2019 10:58 AM
        Just as we thought U.S. trade with Mexico would return to some semblance of normalcy, President Trump announced May 30 that he will assess a 5% tariff on all Mexican imports, effective June 10, to pressure Mexico to do more to reduce the number illegal immigrants passing through Mexico coming to the U.S.
    read the full story

  • Tariffs, tariffs, tariffs

    Tuesday, May 28, 2019 2:16 PM
        The talk of the week was China’s retaliatory tariffs against the U.S. on $60 billion of goods in response to President Trump’s upping the ante by raising tariffs on imports from China.
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  • Class III price at $15.96, highest since Sept. 2018

    Monday, May 13, 2019 10:21 AM
     The Agriculture Department announced the April Federal order Class III benchmark milk price at $15.96 per hundredweight, up 92 cents from March, $1.49 above April 2018, and the highest Class III price since September 2018.
    read the full story

  • Global milk production on the decline

    Monday, April 29, 2019 9:00 AM
    The April 16 Global Dairy Trade auction (GDT) registered its 10th consecutive session of gain, inching 0.5% higher on the weighted average of products offered.
    read the full story

  • March Class III up 82 cents from last year

    Monday, April 15, 2019 9:50 AM
        The Agriculture Department announced the March Federal order Class III milk price at $15.04 per hundredweight, up $1.15 from February, 82 cents above March 2018, and the highest Class III price since October 2018. It equates to $1.29 per gallon, up from $1.19 in February and $1.22 a year ago.
    read the full story

  • Milk production up 1.3 percent from 2018

    Monday, March 25, 2019 12:52 PM
        Increased output in milk per cow pushed January milk production above January 2018, according to preliminary data in another one of the delayed USDA reports, the January Milk Production report.
    read the full story

  • February Class III price 49 cents above year ago

    Monday, March 11, 2019 1:04 PM
    The Agriculture Department announced the February Federal order Class III benchmark milk price at $13.89 per hundredweight, down 7 cents from January but 49 cents above February 2018 and the first month that the Class III price topped the previous year’s price since November 2017
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  • Projected Class III milk price average unchanged

    Monday, February 25, 2019 11:14 AM
        The USDA issued its latest World Agricultural Supply and Demand Estimates (WASDE) report on Feb. 8.
    read the full story
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