Episode Description
11 months of lower milk production, yet making it up in protein and fat.
The perfect storm that’s brewing in the grain market.
And how to get a grip on your true profitability by managing your margins.
Source: USDA
The 2024 forecast for the average number of milk cows is revised upward to 9.350 million head on recent inventory data and improved margins. The forecasts for milk per cow and total milk production are lowered to 24,265...
Source: USDA
Report Summary
Dairy: Milk production forecasts for 2024 and 2025 remain unchanged from the last projection at 227.3 and 229.3 billion pounds, respectively. Adjusted 2024 price forecasts for dairy products include Cheddar cheese at $1.790 (+9.5 cents), dry whey...
Source: USDA
See the latest Livestock, Dairy, and Poultry Outlook report.
Report Summary
Dairy: The 2024 forecasts for the average number of milk cows, milk per cow, and total milk production are raised to 9.345 million head, 24,330 pounds, and 227.3 billion...
Source: USDA news release
The Dairy Data files cover U.S. supply, demand, and trade for milk and major dairy products.
To read entire report, Click Here
Source: USDA
Annual milk cost of production estimates vary by State and the size of operation. These estimates are shown below. For national and regional annual milk cost of production estimates, please go to the commodity costs and returns section.
Milk...
Source: Rabobank
• February milk production dropped 1.3% on a leap-year-adjusted basis, marking the
eighth consecutive month of weaker year-over-year output. January volume was revised
lower, down 1.2% versus the initially reported 1.1% decline. Fewer cows and poor yield again translated into...
Source: USDA
Summary
The 2024 milk production forecast has been lowered to 226.3 (-1.0) billion pounds due to slower anticipated milk yield per cow, with cow numbers remaining unchanged. Dairy product price forecasts show mixed changes from last month’s forecasts with...
Volatility in Live Cattle futures rises to its highest level since December. Oliver Sloup discusses. Learn More: https://www.cmegroup.com/markets/agri...
Source: USDA
Anticipated percent changes in 2024 red meat, poultry, and dairy exports compared with 2023
U.S. export forecasts for red meat, poultry, and dairy for 2024 compared to actual export data from 2023 are presented below in a percent-change format....
