Lower milk production cut into butter inventories in cold storage in August. The tighter supplies are driving prices higher.

Sometimes I’m tempted by the smell of grease that McDonald’s blows outside its walls. It triggers something inside me as we pass by. It’ll be quick, cheap and familiar, I think. Or, it’s the millions they spent on advertising coming to roost. Regardless, my wife shakes her head.

Despite weakening milk prices this summer, U.S. average prices for replacement cows moved higher, while strong beef prices continued to push market cow prices to an eight-year high.

Here’s Progressive Dairy’s monthly review of the numbers to provide some additional transparency to your milk check.

On a milk solids equivalent, March 2023 dairy product exports fell below the same month a year earlier, ending an 11-month streak of year-over-year gain.

March 2023 Dairy Margin Coverage (DMC) program indemnity payments will top $126 million, boosting payments for the first three months of the year to more than $305 million.

With a USDA decision deadline still about more week away, numerous dairy cooperatives have joined in voicing opposition to a dairy processor request for a Federal Milk Marketing Order (FMMO) hearing.

Fluid milk sales started the new year as they ended the last one, trending lower.