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Home » USDA reports

Articles Tagged with ''USDA reports''

Economic Update: April fluid milk sales up 1.5% from last year

June 20, 2024
Karen Lee

From fluid milk sales to global trade, here are the issues that could affect your dairy's bottom line.


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Ample moisture and on-time planting for corn producers

June 18, 2024
Abigail George

The June Feed Outlook report shows global coarse grains production forecast is lower for 2024-25. The 2024-25 U.S. corn crop has moved forward and is largely completed.


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Corn season average price stays at $4.40 per bushel

June 17, 2024
Abigail George

The June World Agricultural Supply and Demand Estimates report (WASDE) showed no change to the 2024-25 U.S. corn outlook relative to last month. The season average price received by producers remains at $4.40 per bushel.


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USDA outlook sees little change in 2024-25 milk production

Milk production forecasts for both 2024 and 2025 are unchanged from last month with slight adjustments to cow inventories offset by slower growth in milk output per cow.
June 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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Dairy product exports on the up and up from April reports

A 3% increase in U.S. dairy product exports reflect continued cheese growth and improving whey and butterfat volumes to offset declines in milk powder and lactose.
June 12, 2024
Jenn Coyne

Better whey and butterfat product exports, along with the ever-growing cheese category, helped settle U.S. dairy product exports at a 3% rise in April, marking the second month of the year to record growth. Here’s Progressive Dairy’s 30,000-foot view at dairy-related export categories.


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May FMMO milk class prices higher

May 2023 Federal Milk Marketing Order (FMMO) pooling estimates, uniform prices and producer price differentials are scheduled to be released on June 11-14.
June 6, 2024
Dave Natzke

Milk checks for May milk production will improve thanks to a big jump in the Class III milk price, propelled by a large increase in the value of protein.


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April DMC margin is $9.60 per cwt

The feed market was strong in April, but milk prices held on to end the month with a $9.60 per hundredweight (cwt) income over feed cost margin. This is the second time in 2024 that indemnity payments are not triggered through the Dairy Margin Coverage program.
June 1, 2024
Jenn Coyne

The USDA National Agricultural Statistics Service (NASS) released its Agricultural Prices report May 31, which includes feed costs used to calculate April Dairy Margin Coverage (DMC) program margins and indemnity payments. A $9.60 per hundredweight (cwt) margin was the result of a rally in milk during the second half of the month to offset the steady feed markets.


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Weekly Digest: FDA confirms safety and efficacy of methane-reducing feed ingredient for dairy cows

May 30, 2024
Karen Lee

From methane reduction and greenhouse gas programs to nutrition programs and NASS surveys, here is the week's news to wrap up May 2024.


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Cattle on Feed report: Marketings up, placements down from 2023

Prices for cattle expected to remain high.
May 30, 2024
Tyrell Marchant

The USDA’s latest Cattle on Feed report, published May 24, showed that 1.87 million head of fed cattle were marketed in April, a more than 10% increase from the same period last year.


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Lower corn acreage and production but higher feed supply compared to last year

May 29, 2024
Abigail George

The May Feed Outlook report shows U.S. feed grain production is projected to be lower than a year ago due to lower expected acreage in 2024-25. Although production is down, the supply of feed grain is projected to be above the 2023-24 level.


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