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Articles Tagged with ''USDA reports''

September report on dairy cows culled for beef

October 28, 2024
Audrey Schmitz

Dairy cull cows marketed through U.S. slaughter plants in September lowest since 2007.


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60486-george-corn-getty.jpg

USDA WASDE report shows corn at $4.10 per bushel

October 28, 2024
Abigail George

The October World Agricultural Supply and Demand Estimates report (WASDE) showed the 2024-25 U.S. corn outlook is for smaller supplies, larger exports and reduced ending stocks. Projected beginning stocks for 2024-25 are 52 million bushels lower based on the Grain Stocks report.


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Milk production up slightly in September

September U.S. milk production was up from a year prior, but down from the USDA’s August revised estimates.
October 23, 2024
Jenn Coyne

U.S. milk production was down 3.9% in September compared to a month prior, according to the USDA’s September Milk Production report released Oct. 21. Production was up 0.1% year over year, while third quarterly estimates (July-September) were also up slightly from the same time in 2023.


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October 2024 USDA Feed Outlook reports possible record U.S. corn supply

October 23, 2024
Abigail George

The October Feed Outlook report shows this month’s 2024-25 U.S. coarse grains outlook is for reduced supplies, despite an increase in output. Although sorghum supplies are raised on higher production and beginning stocks, lower corn carry-in for 2024-25 more than offsets these gains – including a corn production bump.


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USDA projections provide mixed news for dairy’s bottom line

Large crops and lower feed costs could help partially offset a dip in milk prices as dairy producers look to close out 2024 and plan ahead for 2025.
October 14, 2024
Audrey Schmitz

The USDA’s World Ag Supply and Demand Estimates (WASDE) report offers forecasts for dairy, beef and feedstuffs.


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U.S. cheese and protein sales boost export value by 10%

August posted a meek improvement for U.S. dairy exports in milk solid equivalent, but the month’s export value was the biggest climb of the year.
October 10, 2024
Jenn Coyne

August’s slight rise in U.S. dairy export volume positions year-to-date export volume growth at 0.1%, the first time in all of 2024 where volumes have surpassed the no-growth threshold.


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September FMMO milk class prices shine

September 2024 Federal Milk Marketing Order (FMMO) pooling estimates, uniform prices and producer price differentials are scheduled to be released on Oct. 11-14.
October 3, 2024
Dave Natzke

Dairy producers visiting World Dairy Expo are seeing some of the best cows in the U.S. Returning home, many could see some of the strongest milk checks in almost two years.


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August delivers with $13.72 DMC margin

Milk prices rally while feed costs fall in August to support a Dairy Margin Coverage program margin of $13.72 per cwt, the highest margin recorded since the program’s inception in the 2018 Farm Bill.
September 28, 2024
Jenn Coyne

The USDA National Agricultural Statistics Service (NASS) released its Agricultural Prices report Sept. 27, which includes feed costs used to calculate the August Dairy Margin Coverage (DMC) program margins and indemnity payments. August’s margin was $13.72 per hundredweight (cwt).


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September 2024 USDA Feed Outlook report

September 27, 2024
Abigail George

The September Feed Outlook report shows the 2024-25 U.S. coarse grains supply is relatively unchanged. This month’s outlook is for marginally higher supplies and slightly tighter stocks.


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Milk production decreases slightly in August USDA estimate

August U.S. milk production was unchanged from previous month but was down about 0.1% from USDA’s estimates a year earlier.
September 23, 2024
Audrey Schmitz

Seventeen states including Wisconsin, New Mexico, Minnesota and Arizona reduced production a combined 233 million pounds.


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