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Articles Tagged with ''global trade''

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Progressive Events: PDP Business Conference dives into geopolitics, markets and weather

April 22, 2025
Karen Lee

With a theme of “Dialing It In,” the 2025 Professional Dairy Producers (PDP) Business Conference drew inspiration from the steady movement of a sundial to encourage dairy producers to align their efforts with purpose and intention. In the opening session, three experts in the fields of geopolitics, markets and weather joined together to help dairy producers see the forces behind the unpredictable parts of agriculture.


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Economic Update: Fluid milk sales continue downward trend

April 17, 2025
Karen Lee

Here is news affecting dairy producers' bottom lines in the middle of April 2025.


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Cattle demand expected to be robust for the remainder of the year

April 17, 2025
Abigail George

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.


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Dairy product exports fall 5% in February

U.S. cheese set an all-time record high for sales in February, but it wasn’t enough to curb the export market. Other products pushed exports down by 5%.
April 7, 2025
Jenn Coyne

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.


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Economic Update: Several dairy bills receive support in Congress

SNAP, whole milk, common food names and cooperative tax breaks are taking steps on Capitol Hill.
April 3, 2025
Karen Lee

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.


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Rabobank: Global dairy market sees modest growth amid trade shifts

March 31, 2025
Karen Lee

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.


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March 2025 USDA Feed Outlook report

March 21, 2025
Abigail George

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.


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Economic Update: Class I base milk price falls again for April

The USDA is disbursing economic assistance to crop farmers.
March 20, 2025
Jenn Coyne and Karen Lee

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.


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Predicted $5.50-per-bushel wheat for remainder of marketing year

March 17, 2025
Abigail George

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.


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2025 State of Dairy: Southeast: A heightened level of optimism not seen in years

March 7, 2025
Kimmi Devaney

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.”


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