Dairy prices advance as U.S. herd recedes

Key industry reports released this past week provided additional fuel to bulls in dairy, bolstering prices. Domestically, the milk production report surprised many with a significant reduction to last month’s August estimate of herd and a further decrease for the current month. In total, [...]

Culling limits milk supply growth

Four months into this contraction phase for output, the U.S. dairy herd has fallen by nearly 30,000 head, with the bulk of the reductions seen for the largest 24 producing states. The falling herd left August milk output up a somewhat disappointing 1.1 percent [...]

February milk production report skewed by extra leap day last year

USDA’s milk production report showed some interesting results through February, but the 29 days in February 2020 make it more difficult to draw meaningful conclusions. Before talking about the results, it is worth revisiting the changes made for January 2021, which many in the [...]

Dairy cows swoon with July summer heat

USDA’s July milk production report showed a continued decline in the nation’s dairy herd as the 24-state dairy total fell by 9,000 head. With the spring flush now over and summer heat curbing milk output, farmers have fewer incentives to keep marginal producers within [...]

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 [...]

One-two punch leaves dairy down for the count

Apr. 21 saw two bits of fresh news that left no doubt of continued pain for the dairy sector, with Fonterra’s GDT auction results down 4.2 percent followed by USDA’s milk production report showing continued growth in milk production in a market already woefully [...]

U.S. dairy herd on the mend

Last week’s USDA Milk Production report showed January output (24 major states) up 1.2 percent compared to January last year. December production was revised and is now up 1.3 percent from December 2018. In total, 2019 milk production was up 0.4 percent YOY on [...]

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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