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 included the USDA’s latest estimates on U.S. milk production and milk prices, as well as crop estimates. The last time this happened was October 2013, and the report was eventually canceled. ... Read more

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…

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…

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…