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.
Determination is Key to South Dakota Dairy’s Rich History
23:10 | 10/12/2023
Tucked away in the northeast corner of South Dakota you’ll find cornstalks, jackrabbits and a 130-year-old dairy operation that runs on passion, perseverance and a focus on finding the right people. This dynamic trifecta is what makes up the unparalleled culture of MoDak Dairy in Goodwin, S.D., and it’s what led the Moes family to become a Top Producer of the Year finalist in 2023.
Fonterra flags challenging environment in fiscal 2024
14:01 | 12/11/2023
New Zealand's Fonterra, the world's largest dairy exporter, on Thursday said it anticipated a challenging operating environment for global dairy markets in fiscal 2024, reported Reuters.
Friday the 13th Spares Milk Prices
23:13 | 16/10/2023
Friday the 13th lacked any real horrors. CME spot trade was quiet, outside of a continued correction lower on butter. Butter fell 3 cents to $3.36/lb, Dry whey continued it's big volume week with another day in double digit trades and a jump higher of half a cent to $0.33 1/2/lb. Grade A Non Fat Milk was unchanged at $1.22/lb with Cheese tagging along at unchanged with Blocks at $1.70/lb and Barrels at $1.64 1/2.
Brazil milk production up 3.(% over last year)
11:06 | 04/09/2023
According to the quarterly livestock report from Brazil's Agência de Notícias (IBGE), milk production rose 3.9% over last year, but declined 2.8% over the previous quarter.
Fall Milk Prices Gain Some Ground
16:46 | 27/08/2023
A strong finish for Class III milk even though Cheese was sideways. September milk moved back to briefly trade a $19 handle before settling the day at $18.94, 18 cents higher than yesterday. October led the move higher, gaining 45 cents to $18.65/cwt. November gained 14 cents to $18.33/cwt. Class IV milk was softer with September sliding 3 cents to $18.90, October down 9 to $18.89, and November down 7 cents to $18.93/cwt.
Fonterra cuts milk price forecast for 2023/2024 season
23:22 | 20/08/2023
New Zealand’s Fonterra Co-operative Group on Friday cut its farmgate milk price forecast for the second time this month amid weakness in international dairy prices, reported Reuters.
