USDA reveals an unexpected increase in national and state dairy herd numbers kicking off 2023. After 2022 ended on two months of decline, the market was prepared for another modest round of culling and further declines in the herd ahead of the latest milk [...]
Heavy rains and flash floods have led to mudslides, the evacuation of thousands across New Zealand’s North Island, and closure of many schools. Residents have been urged to stay indoors and off flooded roads as emergency services assist evacuees. Last Friday, Jan. 27, was [...]
Somewhat surprisingly, the USDA May milk production report showed the herd was little changed from the prior month. In fact, while USDA adjusted the March milk cows figure slightly higher, it reported absolutely no change to the national herd or the dairy herd in [...]
After prices rallied sharply in November, the dairy market seemed dominated by bullish buyers and tight heifer supply. However, when the market is leaning so hard in one direction, with brokers/distributors only seeing dollar signs, it may be a time to pause, reflect, and [...]
This week’s USDA milk production report provided more bullish fuel as the national herd fell by a further -14,000 head to 9.4 million cows across the country, and milk yield, the volume of milk per cow per day, also fell below Oct 2020 levels. [...]
After steadily rising over the past 12 months, the nationwide herd may have peaked as flush ends. Total herd across the 50 states was estimated at 9.51 million head, down about 1,000 head from the May estimate. The 24-state number, representing about 95 percent [...]
Recent reports indicate that dairy herd, stocks of various dairy products, and milk production are all at or near peak levels. Last week’s milk production report started by revising the March herd size up to 9.474 million, adding a further 16,000 head and bringing the [...]
The past week brought two USDA dairy reports, both setting the stage for a staggering volume of milk and inventories of dairy products in months ahead. January’s USDA Milk Production report showed a massive increase in the statistical herd, with the total U.S. herd gaining [...]
