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Home » USDA reports

Articles Tagged with ''USDA reports''

Cow numbers, milk production continue to decline in July USDA estimate

The preliminary estimate of overall July 2024 milk production was lower than the same month a year earlier.
August 22, 2024
Audrey Schmitz

Seventeen states including New Mexico, Minnesota, Arizona and Idaho reduced production a combined 176 million pounds.


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60185-george-corn.jpg

Season-average corn price decreases to $4.20

August 22, 2024
Abigail George

The August World Agricultural Supply and Demand Estimates report (WASDE) showed larger supplies, lower domestic use, greater exports and smaller ending stocks. Projected beginning stocks for 2024-25 are 10 million bushels lower based on a slightly higher use forecast for 2023-24.


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Weekly Digest: Nationwide beef, milk H5N1 sampling plans announced

Nominations are being sought for the USDA's newly established greenhouse gas (GHG) advisory council.
August 19, 2024
Jenn Coyne and Karen Lee

Several big initiatives are making headlines. Here is the latest news affecting dairy producers across the country.


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August WASDE report projects a record-high soybean crop

Based on conditions as of Aug. 1, soybean yields are expected to average a record high of 53.2 bushels per acre, up 1.2 bushels from last month and up 2.6 bushels from 2023.
August 13, 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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Exports slip in June despite winning streaks with cheese, whey

June’s dairy exports slipped 0.3% from a month prior as gains in cheese and whey offset other dairy product declines.
August 8, 2024
Jenn Coyne

Healthy growths in cheese and whey sales buoyed U.S. dairy product exports in June as nonfat dry milk and skim milk powder, lactose and milk protein concentrates took hits. At the midpoint of 2024, U.S. dairy product exports were down 1.7% in milk solids equivalent. Here’s Progressive Dairy’s 30,000-foot view at dairy-related export categories.


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June DMC margin is $11.66 per cwt, premiums due soon

A staggering drop in feed costs and a rising milk price in June supported a margin not seen since 2022 for the Dairy Margin Coverage program. With few indemnity payments issued, producers are reminded that premiums for 2024 coverage must be paid by September.
July 31, 2024
Jenn Coyne

The USDA National Agricultural Statistics Service (NASS) released its Agricultural Prices report July 31, which includes feed costs used to calculate June Dairy Margin Coverage (DMC) program margins and indemnity payments. June’s margin was $11.66 per hundredweight (cwt).


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Large decline in dairy cow culling seen in June

Dairy cull cows marketed through U.S. slaughter plants lowest since July 2006 and may lead to increases in July milk production and cow numbers.
July 31, 2024
Audrey Schmitz

Dairy cull cows marketed through U.S. slaughter plants lowest since July 2006 and may lead to increases in July milk production and cow numbers.


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Milk production continues to decline in USDA June estimates

The preliminary estimate of overall June 2024 milk production was lower than the same month a year earlier.
July 24, 2024
Audrey Schmitz

With a leap day adjustment in February 2024, monthly U.S. milk production has now been lower than the same month a year earlier for 12 consecutive months.


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60081-george-1.jpg

Earlier silking for this year’s corn crop cycle

July 24, 2024
Abigail George

The July Feed Outlook report shows an increase to U.S. corn production to lift the 2024-25 feed grain supply projection. The supply forecast is 449.9 million metric tons this month, up 2.1 million metric tons from the June WASDE forecast.


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60043-george-corn-getty.jpg

Continued decrease to season-average corn price

July 19, 2024
Abigail George

The July World Agricultural Supply and Demand Estimates report (WASDE) showed corn has larger supplies, greater domestic use and exports, and slightly lower ending stocks. The season-average farm price received by producers is lowered 10 cents to $4.30 per bushel.


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