What Makes Milk Prices Today Different Than 2014?

21:44 | 11/01/2022

Global dairy commodity prices are rising, and milk prices are following suit. The latest National Dairy Product Sales Report (NDPSR) nonfat dry milk price as of writing is $1.56/lb. That is a level not seen since prices experienced a run-up in 2014. For years after the high in 2014, prices mainly stayed below $1/lb.

US ag exports continue to set blistering pace for FY 2021

17:11 | 31/08/2021

The US Department of Agriculture's Quarterly Trade Forecast shows US agriculture exports continuing their record setting pace for the rest of 2021 and sustain their growth into 2022.

Weekly beef and dairy digest: potential Oregon ballot initiative has major implications for cattle ranchers

10:26 | 28/08/2021

In this week's digest, Jim Wyckoff explores recurring labor and supply chain issues in the food industry and the rules governing cell-cultured meat.

Latin America sees milk production bump

15:16 | 07/08/2021

According to the latest update from Quarterra, milk production in Latin America has lifted 3.3% in the year to May compared to the same period last year, writes Bronwyn Magee, AHDB analyst.

UK ‘meat tax’ would cost economy almost £250 million a year

08:24 | 04/08/2021

A 'meat tax' would cost the UK £242 million a year according to a new study, adding a surprising economic rationale to the National Food Strategy's dismissal of the idea on political grounds.

Weekly dairy digest: USDA releases its annual dairy market and trade report

21:08 | 25/07/2021

The USDA predicts strong performance for the global dairy sector as China's import demand soars.

Weekly Protein Digest: Global food prices slide for the first time in a year

21:20 | 11/07/2021

Global food prices fell 2.5% (3.2 points) during June, with the Food and Agriculture Organization of the United Nations’ food price index sliding to 124.6 points, writes markets analyst Jim Wyckoff.

Weekly beef and dairy digest: global dairy outlook from the USDA

21:46 | 02/07/2021

US beef export sales posted a marked decline this week as the Biden administration moves to sell its infrastructure deal in rural America.

EU's efforts to manage milk market disturbances missed the mark

20:18 | 28/06/2021

A new report from the European Court of Auditors finds that the trading bloc's support measures for milk producers who were affected by the Russian import ban was not sufficiently targeted.

Weekly beef and dairy digest: JBS contends with fallout from cyberattack

09:38 | 11/06/2021

JBS left with an $11-million bill after cyber attack and the FAO warns that food import costs could surge.