A look at milk products and classes as well as meat prices outlooks from USDA for April with World Agricultural Outlook Board Chair Mark Jekanowski.
Milk Prices Forecast for 2024
A look at the 2024 milk market. USDA economist, Michael McConnell, provides projections for this year’s milk product and class prices, as well as the all-milk price.
U.S. Milk Prices End 2019 on a High Note
U.S. milk prices are ending 2019 at their highest level in five years. And while 2020 may see those gains cool off a bit, they should stay high enough for many producers to start recovering from the doldrums they faced in the second half of the decade. National Milk Producer Federation (NMPF) Chief Economist, Peter Vitaliano, notes the last two …
Online Tool Available for New Dairy Margin Coverage Program
Dairy producers will have an online resource available to them that can assist with decisions related to the new Dairy Margin Coverage (DMC) program. The web-based tool was developed through a collaboration with the University of Wisconsin and was announced by the U.S. Department of Agriculture (USDA) on April 30. The new resource helps producers with evaluating total premium costs …
Dairy Prices May Be Ready to Rise in 2019
Milk prices haven’t exactly jumped higher early on in 2019. A Drovers’ report says dairy farmers are in need of a market rally after years of low prices. However, at least some relief may be coming this year. Bryan Doherty, VP of Stewart-Peterson, tells Drovers that dairy is a tough market to be in right now because there’s too much …
Future Milk Prices Hinge on U.S. Dairy Exports
The world is hungry for protein—and U.S. dairy products are a leading choice for that protein. In the coming year, dairy exports will continue to play a critical role in helping U.S. dairymen achieve top prices for their milk. U.S. dairy exports in 2017 are stronger than they were a year ago, and have been on an uphill climb over …
Immigration Raids Could Send Milk Prices Soaring
Continued immigration raids on American dairy farms could send milk prices soaring. Jaime Castaneda, Senior Vice President of Strategic Initiatives and Trade Policy for the National Milk Producers Federation, says the price of a gallon of milk could possibly approach $8. The Hagstrom Report says Castaneda was part of a panel on immigration at the Consumer Federation of America’s National …