Source: USDA
CME GROUP CASH MARKETS (11/6) BUTTER: Grade AA closed at $1.4300. The weekly average for Grade AA is $1.4280 (+0.0180).
CHEESE: Barrels closed at $2.3175 and 40# blocks at $2.3425. The weekly average for barrels is $2.4710 (-0.0045) 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: Alberta Agriculture and Forestry
The annual Economics of Milk Production publication provides information on the costs and returns of producing milk in Alberta.
‘Dairy farmers closely watch their costs and returns to remain efficient and profitable,’ says Pauline Van Biert,...
Source: USDA
Livestock, Dairy, and Poultry Outlook No. (LDP-M-326) 29 pp
BY RUSSELL KNIGHT, CHRISTOPHER G. DAVIS, WILLIAM HAHN, JERRY CESSNA, ANGEL TERAN, MILDRED HALEY, ADRIANA VALCU-LISMAN, AND GRACE GROSSEN
The Livestock, Dairy, and Poultry Outlook for August 2021 analyzes economic impacts of month-to-month changes in USDA’s World Agricultural Supply...
Source: The University of Tennessee Institute of Agriculture
Milk Production
Milk production in the 24 major states during September totaled 17.3 billion pounds, up 0.4% from September 2020. Production per cow for September averaged 1,937 pounds. The number of milk cows...
Source: USDA news release
The supply of fluid cow's milk available for U.S. consumers to drink decreased by 42 percent from 1979 to 2019, from 28.1 gallons per person to 16.3 gallons, according to USDA, Economic Research Service (ERS) food...
Source: FCC
Farm Credit Canada (FCC) has released an analysis of the rent-to-price ratio for cultivated farmland in Canada. The rent-to-price ratio is obtained by crossing cash rental rates and the Farmland Values Report data. A ratio trending lower suggests that...
Source: Research and Markets
The "Global Dairy Herd Management Market by Product (Automated Systems (Milking, Feeding/Nutrition Management), Software (Cloud based, AI, Data Analytics)), Application (Breeding, Calf Management, Feeding,), Farm Size (Large, Medium, Small) - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
The...
Dairy Revenue Protection (DRP) is a federally subsidized insurance program for dairy producers looking to minimize the impact of unanticipated declines in milk prices. Locking in a milk price for a future quarter can be an effective risk management...
Source: FCC, Graeme Crosbie
The previously announced butter support price increase of 2.2% was implemented effective February 1. Our gross revenue forecasts in the outlook accounted for this increase, yet these forecasts underestimated the actual average butterfat prices for the first three...
