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 minds of dairy producers. The latest Global Dairy Trade auction results fell for the fifth-straight time, making the largest move [...]

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 Cold Storage Report showed AA salted butter stocks at 328 million pounds through January 2021. To put that in perspective, [...]

November milk production blows away estimates

USDA milk production report this past week showed numbers through November across all fifty states ending on a high note for the year. Dairy herd rose by 12,000 head from last month is now 46,000 head above the level at the start of the [...]

June Milk Production Report shows decline in production

June may be National Dairy Month, but last week’s USDA Milk Production Report showed drops in both U.S. dairy herd and total milk output compared to the prior month. Milk production in the 24 major states was down 1.0 percent, showing the first yield [...]

Doesn’t everyone buy milk during a crisis?

Anyone familiar with winter storms or hurricanes can relate to scary weather forecasts and runs to the grocery stores for milk, bread, eggs, and the like. Given the spread of COVID-19 concerns, school closures, and business shutdowns, a trip to the grocery shop now [...]

December milk output shows unremarkable lead-up to 2020

The January milk production report this week showed a modest rise of 0.9 percent in 24-state milk production in December 2019 vs. a year prior. Production per cow (yield) was nearly unchanged YOY, and the total number of milk cows was unchanged from both [...]

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