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Cold storage report shows significant drop in butter stocks

By |October 10, 2023|Categories: Dairy & Eggs|Tags: , , , , , , |

The latest USDA Cold Storage report showed that butter stocks declined 13 percent from the previous month to the end August at 289 million [...]

Fueled by unsustainable high dairy product prices, herd continues to grow

By |September 27, 2022|Categories: Dairy & Eggs, Market Prices|Tags: , , , , , , |

Monday’s USDA milk production reports for August showed an abundance of milk and dairy cows for the market to absorb. Not only were the [...]

June sees trio of bearish results for dairy complex

By |June 29, 2021|Categories: Dairy & Eggs|Tags: , , , , , |

The inevitable flood of milk resulting from both a larger herd and peak milk production of spring flush finally appears to be weighing on the [...]

Butter stocks surge as milk supply grows

By |February 26, 2021|Categories: Dairy & Eggs, Livestock & Poultry|Tags: , , , , , , , , |

Two major news releases from USDA on Tuesday, Feb.23, prompted a counterintuitive market reaction as prices firmed toward the end of the week. The [...]

USDA October dairy reports shows September milk production up 2.4%

By |October 27, 2020|Categories: Dairy & Eggs|Tags: , , , , , |

National herd recovery continued in September with milking cows up 6,000 head over August and up 46,000 year on year for the 24-state average. [...]

Butter prices strengthen despite building stocks

By |May 27, 2020|Categories: Dairy & Eggs|Tags: , , , , , , , , |

After a $0.90 per lb collapse for cash butter during Q1—brought on by building inventories and declining restaurant and food service demand in the [...]