The April World Agricultural Supply and Demand Estimates report (WASDE) showed this month’s 2024-25 U.S. corn outlook is for greater exports, reduced feed and residual use, and smaller ending stocks. Feed and residual use is cut 25 million bushels to 5.8 billion based on disappearance during the December-February quarter as indicated in the March 31 Grain Stocks report.

The U.S. dairy product export market stumbled in February as cheese continued its strong growth performance, recording a 7% year-over-year improvement in milk solid equivalents (MSE), but nonfat dry milk/skim milk powder (NFDM/SMP) fell to its lowest export value since 2019, leading to a year-over-year 5% fall in total dairy product exports. Here’s Progressive Dairy’s 30,000-foot look at dairy-related export categories.

In the news affecting dairy producers' bottom lines this first week of April 2025: Several dairy bills receive support in Congress, producer sentiment slips, global dairy trade is up, and planting intentions are released.

Even with evolving trade dynamics, the global dairy market is looking to see growth in 2025. Analysts at Rabobank anticipate dairy farmers worldwide will see higher revenues due to elevated milk prices. Higher farmgate milk prices will lead to supply expansion following 2024’s weaker milk production in key exporting regions.

The March Feed Outlook report shows global coarse grains production prospects are raised for 2024-25. This month’s 2024-25 U.S. coarse grains outlook is for a slight reduction in supplies, with greater declines in use – ultimately, lifting ending stocks by nearly 0.5 million tons.

In the news affecting dairy producers' bottom lines the third week of March 2025: Class I base milk price falls again for April, the USDA begins disbursement of economic assistance to farmers, Hilmar opens new Kansas facility, and more scholarships are available.

The March World Agricultural Supply and Demand Estimates report (WASDE) showed this month’s 2024-25 U.S. corn outlook is unchanged relative to last month. The season-average corn price received by producers is unchanged at $4.35 per bushel.

Talk of growth, expansion and new opportunities have historically been quieter in the Southeast than in other regions, but Travis Senn, assistant director of milk marketing and analytics at Southeast Milk Inc. (SMI), says dairy farmers in this region are entering 2025 with a “level of confidence they haven’t had in years.”

In the news affecting a dairy's bottom line this first week of March 2025: Tariffs imposed, then delayed, on U.S. dairy’s top three export markets; LCFS amendments on hold; farmer sentiment improves; and several scholarships announced.