Articles Tagged with ''USDA reports''
April 2023 Federal Milk Marketing Order (FMMO) pooling estimates, uniform prices and producer price differentials are scheduled to be released on May 11-14.
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Replacement cow prices match 10-year peak
Quarterly average prices in April reached the same peak of $2,120 per head as seen in October 2014.
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March DMC margin is $9.65 per cwt
Feedstuff and milk prices held steady in March for a DMC margin of $9.65 per cwt, the first since December 2022 to not trigger a payment through the dairy risk management program.
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March report on dairy cows marketed for beef
Monthly dairy cull cow market trends downward in early 2024.
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Dairy risk management calendar: May 2024
Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
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Milk production declines in March USDA estimates
Seventeen states, including New Mexico, Texas, Oregon and Idaho, reduced milk production a combined 280 million pounds.
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March 2024 FMMO uniform prices inched higher
Milk class prices rose but Class IV milk pooling was still limited.
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Slower-than-expected growth in output per cow reduces milk forecast
Compared to last month, the USDA left the 2023 milk production estimate unchanged but reduced 2024 production expectations 1 billion pounds from the previous report.
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