Led by New Mexico, California, Georgia, Arizona and Kansas, 16 states reduced May 2024 milk production a combined 237 million pounds compared to the same month a year ago.

The Federal Milk Marketing Order (FMMO) advanced Class I base price continues to rise, and there’s a change in the Class I mover formula impact, albeit small.

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

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

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.

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.

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.