Source: FCC
Market dynamics in the U.S. dairy industry are beginning to pressure the income of Canadian dairy producers. American milk production is at a record high, and processors cannot keep up. This is putting downward pressure on U.S. milk...
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 July 2023 analyzes economic impacts of month-to-month changes in USDA’s “World Agricultural Supply and Demand Estimates”...
Source: Iowa State University
Dairy cow slaughter is up 2 percent year to date and has some similarly large ranges around culling. The largest percent change in slaughter regions is region 6(AR, LA, NM, OK & TX), up 26 percent...
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 June 2023 analyzes economic impacts of month-to-month changes in USDA’s “World Agricultural Supply and Use Estimates”...
PR Newswire
Tue, June 6, 2023 at 11:45 AM GMT+2·5 min read
DUBLIN, June 6, 2023 /PRNewswire/ -- The "Global Condensed Milk Market Size, Trends, By Milk Type, By Product Type, By Packaging Type, By Distribution Channel, and By Region: Global Opportunity Analysis and Industry...
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 May 2023 analyzes economic impacts of month-to-month changes in USDA’s “World Agricultural Supply and Use Estimates”...
Source: USDA news release
After reaching recent highs in 2021 and 2022, the average net cash income (gross cash income minus cash expenses) of U.S. farm businesses is expected to decline by 18 percent in 2023 compared with 2022.
Farm businesses...
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...
Source: USDA news release
Farm sector debt tied to real estate is expected to be at a record high of $375.9 billion in 2023, according to data from the USDA, Economic Research Service (ERS). Farm sector real estate debt has...
Source: Iowa State University
All hay prices in Iowa averaged $183.00 per ton in March according to the latest USDA, National Agricultural Statistics Service – Agricultural Prices report. . This was $10.00 above the February price and $24.00 above the...