Milk Prices Finish the Week Strong
14:45 | 14/04/2024
Class III milk rebounded along with cheese. April gained a penny to $15.41, with May up 37 cents to $16.39, and June up 24 cents to $16.77/cwt.
Will Milk Prices Rebound? 8 Important Market Signals to Watch
16:20 | 10/03/2024
Dairy producers wonder what it will take for the market to turn around, as we wade out of this volatile economy. Phil Plourd, president of Ever.Ag Insights graced the stage as the keynote speaker at the 2024 Pennsylvania Dairy Summit, sharing fluctuating signals that he and his team are keeping a close eye on that are telltale signs if milk prices will rebound in 2024.
Brazil milk price rises for second month in a row - Cepea
08:58 | 16/02/2024
Milk price closed at BRL 2.0335/liter
2024 Milk Production Forecast Reduced, All-Milk Price Looks More Encouraging
08:56 | 16/02/2024
In its February World Ag Supply and Demand Estimates (WASDE) report, the USDA lowered its milk production forecast for 2024 due to lower expected output per cow, which is partly offset by higher cow inventories.
Dairy Farmers Could Face Another Year of Disturbingly Low Milk Prices
22:27 | 15/01/2024
The Dairy Margin Protection (DMC) program has been a huge help to many farmers during 2023. Farms that produced less than 5 million pounds for the first 10 months of 2023 received some payment for each month under the program if the $9.50 price level had been chosen. There were some very large payments in May, June, and July. Payment was also received if the low level of $4.00 was chosen for the months of June and July with income over feed prices of $3.65 and $3.52 respectively.
Dairy Producers Face Tightest Margins on Record
22:20 | 07/01/2024
While we have flipped the calendar to a New Year, we didn’t necessarily say goodbye to low milk prices. 2023 was a tough year financially for dairy producers and 2024 isn’t off to a great start either. According to Stephen Cain, the senior director of economic research and analysis at National Milk Producer Federation (NMPF), 2023 had some of the lowest margins since the Margin Protection Plan debuted.
US cheese production expected to grow in 2024
14:04 | 29/12/2023
Exports expected to rise 8%
New Zealand butter production expected to grow in 2024
13:58 | 29/12/2023
Production to rise 3%
Producers Await Dairy Margin Coverage Sign up for the 2024 Calendar
21:13 | 24/12/2023
As producers look to the end of the year, one trip they have not made yet is to the USDA Farm Service Agency (FSA) office to select a coverage level to participate in the Dairy Margin Coverage (DMC) program in 2024. This is because no announcement has been made yet about the enrollment period for the year ahead.
Will High Interest Rates Limit Expansionary Appetites?
23:14 | 10/12/2023
The rising interest rates that have unfolded over the last few of years is one pain point that dairy producers are feeling. Phil Plourd with Ever.Ag Insights says a couple of years of aggressive inflation means producers are paying more for just about everything.
