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.

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.