Cold storage report shows significant drop in butter stocks
The latest USDA Cold Storage report showed that butter stocks declined 13 percent from the previous month to the end August at 289 million [...]
Cow numbers down in January report
Reports in January presented milking herd numbers at the close of 2022. Although milk yield showed a slight improvement with a seasonal upswing to [...]
Fueled by unsustainable high dairy product prices, herd continues to grow
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
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
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%
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
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 [...]