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  • China lowers tariffs, global demand increases

    Monday, January 14, 2019 10:32 AM
    The December Federal order Class III benchmark milk price was announced by the Agriculture Department at $13.78 per hundredweight, down 66 cents from November and $1.66 below December 2017.
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  • USDA lowers milk production estimates

    Monday, December 24, 2018 12:52 PM
        The handwriting is on the milk house wall and the walls of USDA. The Agriculture Department again lowered its 2018 and 2019 milk production estimates in the latest World Agricultural Supply and Demand Estimates report (WASDE), due to “slower growth in milk per cow and lower cow numbers. Relatively weak returns are expected to result in a smaller 2019 cow herd,” says the USDA.
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  • Midwest cheese production slows

    Monday, December 10, 2018 11:07 AM
        A higher U.S. All Milk price average and some lower feed prices pushed the October milk feed price ratio higher for the third month in a row and the highest level since January 2018, but farm margins have since fallen.
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  • September milk use up, demand for cheese higher

    Monday, November 26, 2018 8:21 AM
     The Agriculture Department’s monthly Livestock, Dairy, and Poultry Outlook, issued November 15,
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  • Strong domestic demand for cheese, butter

    Monday, November 12, 2018 10:40 AM
        The Agriculture Department announced the October Federal order Class III benchmark milk price at $15.53 per hundredweight (cwt.), down 56 cents from September, $1.16 below October 2017, and equates to $1.34 per gallon, down from $1.38 in September and $1.44 a year ago.
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  • Cheese market tones are bearish in Midwest

    Monday, October 29, 2018 9:51 AM
        Increases in milkfat limited the losses in the Oct. 16 Global Dairy Trade auction (GDT) where the weighted average of products offered slipped 0.3 percent, following the 1.9 percent descent Oct. 2 and 1.3 percent on Sept. 18, but it was the fifth consecutive decline. Sellers brought 92.5 million pounds to sell, down slightly from the last event.
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  • USCMA confirmed but China trade war continues

    Monday, October 15, 2018 9:59 AM
        This week’s Global Dairy Trade auction was overshadowed by the 11th hour announcement the last day of September that the U.S. and Canada reached an agreement, keeping the North American Free Trade Agreement (NAFTA) a three-country agreement.
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  • Corn yields expected to be second highest on record

    Monday, September 24, 2018 10:35 AM
    The Agriculture Department lowered its 2018 milk production estimate in the latest World Agricultural Supply and Demand Estimates report (WASDE), due to slightly lower milk cow numbers and a slower rate of growth in milk per cow in the third quarter, but raised its 2019 estimate on slightly higher cow inventories.
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  • A little optimism with Class III price

    Monday, September 10, 2018 10:02 AM
        Media reports were abundant Monday regarding the U.S. and Mexico reaching agreement on a re-tooled North American Free Trade Agreement.
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  • American cheese demand up 1.4 percent

    Monday, August 27, 2018 12:54 PM
    The bulls were fed the week of Aug. 13. Barrel cheese marched higher, commercial dairy product disappearance looked solid, the U.S. and Mexico appeared to be coming together in their trade spat, and even China’s commerce ministry stated that its commerce vice-minister had been invited by the U.S. to discuss economic and trade issues.
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