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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: 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: 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: 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: Capital Press Direct payments to dairy farmers for lost sales and government purchases of dairy products for people in need — both related to the COVID-19 pandemic — have benefited the dairy industry. But they’ve also pushed milk production growth...
Source: USDA by Russell Knight, Christopher G. Davis, William Hahn, Jerry Cessna, Angel Teran, Mildred Haley, Adriana Valcu-Lisman, Hannah Taylor, and Margaret Cornelius The Livestock, Dairy, and Poultry Outlook for January 2022 analyzes economic impacts of month-to-month changes in USDA’s World Agricultural Supply and Use Estimates Report on domestic and...