Source: USDA, by Russell Knight, Hannah Taylor, William Hahn, Angel Terán, Mildred Haley, Grace Grossen, and Adriana Valcu-Lisman
The Livestock, Dairy, and Poultry Outlook for January 2023 analyzes economic impacts of month-to-month changes in USDA’s World Agricultural Supply and Use Estimates report on domestic and international markets...
Source: USDA by Russell Knight, Hannah Taylor, William Hahn, Angel Terán, Mildred Haley, Grace Grossen, and Adriana Valcu-Lisman
The Livestock, Dairy, and Poultry Outlook for December 2022 analyzes economic impacts of month-to-month changes in USDA’s World Agricultural Supply and Use Estimates report on domestic and international markets for...
by Bradley Zwilling, Illinois FBFM Association and Department of Agricultural and Consumer Economics, University of Illinois
Higher costs coupled with higher milk prices still resulted in continued negative economic returns for Illinois dairy producers in 2021, according to figures summarized...
Source: USDA
by Russell Knight, Hannah Taylor, William Hahn, Angel Terán, Mildred Haley, Grace Grossen, Adriana Valcu-Lisman, and Margaret Cornelius
The Livestock, Dairy, and Poultry Outlook for November 2022 analyzes economic impacts of month-to-month changes in USDA’s World Agricultural Supply and Use Estimates Report on domestic and...
Source: FCC, Leigh Anderson
Overall demand for farm equipment is projected to remain strong into 2023, despite rising interest rates and a weakening Canadian US exchange rate. Demand is supported by strong farm cash receipts, even with commodity prices softening...
Source: USDA
by Russell Knight, Hannah Taylor, William Hahn, Angel Terán, Mildred Haley, Grace Grossen, Adriana Valcu-Lisman, and Margaret Cornelius
The Livestock, Dairy, and Poultry Outlook for October 2022 analyzes economic impacts of month-to-month changes in USDA’s World Agricultural Supply and Use Estimates Report on domestic and international...
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 commodity costs and returns.
Milk cost of production...
Source: USDA
by Russell Knight, Hannah Taylor, William Hahn, Angel Terán, Mildred Haley, Grace Grossen, Adriana Valcu-Lisman, and Margaret Cornelius
The Livestock, Dairy, and Poultry Outlook for August 2022 analyzes economic impacts of month-to-month changes in USDA’s World Agricultural Supply and Use Estimates Report on domestic and international markets...
Source: PennState Extension
Dairy Revenue Protection (DRP) is an insurance program for U.S. dairy producers who are looking to manage financial risk and minimize the impact of unanticipated declines in milk prices. Locking in a milk price for a future...
Source: Ohio State University Extension, April F. White, Graduate Research Associate, Department of Animal Sciences,The Ohio State University
Milk prices
In the last issue, the Class III futures for June and July were $24.34 and $24.47/cwt, respectively. Class III milk closing...
