Mid-August Chicago Mercantile Exchange dairy product prices were mostly higher led by cheese topping $2 per pound, all of which drove Class III futures higher. After jumping almost 11 cents the …
The farm benchmark milk price took a temporary step backward in July on a slightly lower cheese price. The U.S. Department of Agriculture announced the July Federal Order Class III price at $19.79 …
As reported last week, the U.S. Department of Agriculture lowered its 2024 and 2025 milk production forecasts in the World Agriculture Supply and Demand Estimates, based on slower growth in milk per …
The June Federal Milk Marketing Order Class III benchmark milk price was announced at $19.87 per hundredweight, up $1.32 from May, $4.96 above June 2023, and the highest Class III price since …
The U.S. Department of Agriculture left its 2024 and 2025 milk production forecasts in its latest World Agriculture Supply and Demand Estimates report unchanged, with slight adjustments to cow …
U.S. butter stocks jumped in April. The U.S. Department of Agriculture’s latest cold storage report shows April 30 inventory at 361.3 million pounds, up 44.1 million pounds or 13.9% from the …
The U.S. Department of Agriculture announced the April federal order Class III benchmark milk price at $15.50 per hundredweight, down 84 cents from March and $3.02 below April 2023, brought down by …
The U.S. Department of Agriculture February dairy supply and utilization report provided a look behind the markets. Speaking in the April 22 “Dairy Radio Now” broadcast, HighGround …
The dairy industry remains captivated by the diagnosis of highly pathogenic avian influenza, now confirmed by the U.S. Department of Agriculture on dairy farms in Kansas, Texas, Michigan, New Mexico, …
The U.S. Department of Agriculture lowered its milk production forecast in its fifth consecutive World Agriculture Supply and Demand Estimates report, citing a smaller dairy cow inventory and slower …
The nation’s benchmark milk price reversed two months of decline in February but still has a way to go to return profitability to most U.S. farms. The federal order Class III price was …
Dairy product consumption continues to please, and butter was the big story in the U.S. Department of Agriculture’s latest supply and utilization report, according to HighGround Dairy’s …
The first federal order Class III milk price of 2024 starts with an 87-cent plunge. The U.S. Department of Agriculture announced the January benchmark at $15.17 per hundredweight, $4.26 below January …
The U.S. Department of Agriculture lowered its milk production forecasts for the third time in its latest World Agriculture Supply and Demand Estimates report. The 2023 forecast was reduced from …
The final Class III benchmark milk price of 2023 headed south.
Financial relief is coming slowly to U.S. dairy farms. The U.S. Department of Agriculture announced the November federal order Class III milk price at $17.15 per hundredweight, up just 31 cents from …
Dairy product prices were mixed the week before Thanksgiving. CME cheddar block cheese closed Friday at $1.60 per pound, unchanged on the week but 63.25 cents below a year ago. The barrels climbed to …
The Federal Reserve will hold interest rates steady for another month, a good sign of the economy, but dairy farmers aren’t out of their financial woes yet. The U.D. Department of Agriculture …
The downturn in U.S. milk production was bigger than we thought but is likely over. The U.S. Department of Agriculture’s latest preliminary data put September output at 18.21 billion pounds, …
The September federal order Class III milk price was announced at $18.39 per hundredweight, up $1.20 from August but $1.43 below September 2022 and the highest since April. The nine-month average …