Higher prices help lift dairy herd

October saw the second consecutive increase in the U.S. dairy herd as higher prices for products like cheese and non-fat dried milk (NFDM) helped lift milking revenues. The November Milk Production report showed that the 24-state number and total U.S. herd recovered by 5,000 [...]

Surge in international dairy prices to new highs

Prices advanced by 3.7 percent in Fonterra’s biweekly auction, the largest jump since February. Nearly 200 participants secured 38,681 MT of products, with many achieving near-record prices for 2019. Most products appreciated in price with the notable exception of cheese and lactose. Core products [...]

Cooler fall temps as dairy herd shows signs of recovery

Dairy data releases in the last two weeks included some encouraging signs of herd recovery and bearish stocks numbers. Last Monday’s USDA Milk Production Report showed a modest uptick in the 24-state cow number to 8,796,000 heifers. The total U.S. herd was about flat, [...]