Increased output in milk per cow pushed January milk production above January 2018, the 62nd consecutive month that output topped the year before. Preliminary data from another one of the delayed U.S. Department of Agriculture reports, January Milk Production, shows output in the top 23 producing states at 17.5 billion pounds, up a bearish 1.3 percent from 2018, with the 50-state total, at 18.6 billion pounds, up 0.9 percent. Revisions added 2 million pounds to the initial 50-state December estimate, putting it at 17.1 billion pounds, up 0.8 percent from 2017. ... Read more

Technical issues delayed reporting of the March 5 Global Dairy Trade auction, but once resolved, the weighted average of products offered moved higher for the seventh consecutive event, jumping 3.3 percent. That followed a 0.9 percent ascent Feb. 19 and 6.7 percent on Feb. 6. Sellers brought…

The Dec. 31, 2018, butter stocks totaled a surprising 179.3 million pounds, up a whopping 16.6 percent from November and 6.2 percent above December 2017, according to the delayed U.S. Department of Agriculture Cold Storage report issued Feb. 22.

Increased output in milk per cow kept December production above December 2017 — the 61st consecutive month that output topped the year before, according to the U.S. Department of Agriculture’s latest report, delayed a month by the government shutdown. Preliminary USDA data in the top 23 prod…

The U.S. Department of Agriculture issued its latest World Agricultural Supply and Demand Estimates report on Feb. 8. The report was not issued in January due to the government shutdown. The 2018 milk production estimate was lowered based on available data through December. The 2019 forecast…

Cash dairy prices started February with some strength, then backed off but gave it another run. CME block Cheddar backed down to $1.4575 per pound Feb. 5 but closed the second Friday of the month at $1.5275, up 2.75 cents on the week and 1.75 cents above a year ago. Barrels finished at $1.37…

A drop in the U.S. All Milk price average could not be offset by some lower prices on feed and thus pulled the November milk-feed price ratio down after three months of advances. The Agriculture Department’s latest Ag Prices report shows the November ratio at 2.18, down from 2.20 in October …

Week four of 2019 became week five of the partial government shutdown. Missed U.S. Department of Agriculture reports that the dairy industry relies on are stacking up and include the November Dairy Products report; January World Agricultural Supply and Demand Estimates; monthly U.S. trade da…

Week three of 2019 became week four of the partial government shutdown. So far, the dairy industry has been deprived of the November Dairy Products report; the January World Agricultural Supply and Demand Estimates; monthly U.S. trade data from the Bureau of Census; weekly dairy slaughter da…

Week two of 2019 became week three of the partial government shutdown, and hope for an end was nowhere in sight. The Agriculture Department’s monthly World Agricultural Supply and Demand Estimates report, scheduled for Jan. 11, was the latest casualty of the shutdown. The report would have i…

The first Global Dairy Trade auction of 2019 saw its weighted average of products offered jump 2.8 percent following the 1.7 percent rise on Dec. 18 and 2.2 percent on Dec. 4. Sellers brought 63.2 million pounds to market, down from 79.8 million in the Dec. 18 session and the lowest amount s…

MGEX, a designated contract market and derivatives clearing organization in Minneapolis, concluded 2018 with a total of 2,335,284 contracts traded, which is the second-highest calendar-year volume in history.

The handwriting is on the milk house wall and the walls of the U.S. Department of Agriculture. The Agriculture Department again lowered its 2018 and 2019 milk production estimates in the latest World Agricultural Supply and Demand Estimates report, due to “slower growth in milk per cow and l…

U.S. farm milk prices continue to fall. The proverbial light at the end of the tunnel was seen in the Dec. 4 Global Dairy Trade auction. The weighted average of products offered jumped 2.2 percent following a 3.5 percent drop on Nov. 20 and a 2 percent decline Nov. 6, ending seven consecutiv…

There hasn’t been much in the way of significant news, as typical for this time of year in the grain markets. Most traders are already in holiday mode. Soybeans have managed to hold their own, while corn and wheat are testing the downside of the most recent trading range.

A higher U.S. All-Milk price average and some lower feed prices pushed the October milk-feed price ratio higher for the third month in a row and to the highest level since January, but farm margins have since fallen. The Agriculture Department’s latest Ag Prices report shows the October rati…

Increased output in milk per cow nudged October production above October 2017, and it was the 59th consecutive month that output topped that of the year before. Preliminary data in the top 23 states shows output at a somewhat bullish 16.9 billion pounds, up 1 percent from 2017, with the 50-s…

The Nov. 6 election was not indicative of a blue or red wave but perhaps a mixed splash. The increased division will certainly slow the Trump agenda. However, a nationwide Agri-Pulse phone poll of 600 commercial farmers and ranchers conducted by Aimpoint Research Oct. 12-28 indicated that fa…

Humanity depends on three critical threes: Without oxygen, most humans will die within three minutes; without water, life expectancy is three days; without food, we’ve got three weeks.

Politics, poor export pace and major harvest progress have been the main factors in recent trade. A failure to push to new levels after breaching technical resistance has played a role, as well, as values moved lower before some strength returned.

Matt Gould, analyst and editor of the Dairy and Food Market Analyst newsletter, said in the Nov. 5 Dairy Radio Now broadcast that while 2018 is the fourth year in a row of poor farm-level milk prices, there are some positives — strong domestic demand for cheese and butter, plus global dairy …

Strong gains in milk per cow kept U.S. milk output above that of a year ago for the 58th consecutive month. Preliminary September data in the top 23 producing states shows output at 16.4 billion pounds, up 1.5 percent from September 2017. The 50-state total, at a slightly bullish 17.38 billi…