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Home » USDA reports

Articles Tagged with ''USDA reports''

November prices aided by higher components as Class IV pooling stays low

Lower FMMO uniform prices were offset by higher seasonal butterfat and protein tests in many areas.
December 15, 2023
Dave Natzke

Here’s Progressive Dairy’s monthly review of November FMMO data to provide some additional transparency to your milk check.


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Look for 2024 DMC program enrollment details early next year

As we saw in recent years, using beginning of the year milk and feed price forecasts to determine DMC participation can be risky.
December 13, 2023
Dave Natzke

USDA Farm Service Agency (FSA) staff are working on a DMC program rule amendment, anticipating an announcement of enrollment provisions early in calendar year 2024.


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Reduced milk per cow, cow numbers lower USDA 2023-24 milk production estimates

The milk production forecast for 2023 was lowered from last month due to slower expected growth in milk per cow.
December 11, 2023
Audrey Schmitz

From this week's USDA World Ag Supply and Demand Estimates (WASDE) and Crop Production reports, Progressive Dairy summarizes factors potentially impacting dairy producer income.


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Weekly Digest: Bell ringing for FMMO hearing recess, school milk choices

Making a list of December 2023 dairy-related topics and checking it twice
December 11, 2023
Dave Natzke

Here’s an update on news impacting your dairy as we approach the middle of December 2023.


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Weekly Digest: DMC payments, dairy export updates

The USDA’s dairy export forecast is reduced as the overall ag trade deficit grows.
December 6, 2023
Dave Natzke

Here’s an update on news impacting your dairy as we close out the first full week of December 2023.


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Economic Update: Dairy downturn, interest expenses highlight 2023 USDA income forecast

The USDA’s latest milk production and price forecasts are updated late this week.
December 4, 2023
Dave Natzke

Here’s an update on economic factors impacting your dairy finances as the calendar turns to December 2023.


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October DMC margin hits 10-month high at $9.44 per cwt

Overall U.S. average feed costs were lower and milk prices were up, pushing the milk income margin to the highest level since December 2022.
December 1, 2023
Dave Natzke

The USDA National Agricultural Statistics Service (NASS) released its latest Ag Prices report on Nov. 30, including factors used to calculate October 2023 Dairy Margin Coverage (DMC) margins and indemnity payments.


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Dairy risk management calendar: December 2023

Progressive Dairy provides monthly online updates of important dates, reports and factors affecting risk management decisions.
November 27, 2023
Dave Natzke

The Dairy Margin Coverage (DMC) program has been extended into 2024. Watch for enrollment details.


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Economic Update: Ag loan interest rates nearing 9%

October’s Dairy Margin Coverage (DMC) program margin will be announced next week.
November 21, 2023
Dave Natzke

Here’s an update on economic factors impacting your dairy finances entering the final week of November 2023.


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Milk production decreases in USDA October estimates

The U.S. dairy herd is the smallest since January 2022, pulling October 2023 U.S. milk production down 0.5% from a year earlier.
November 21, 2023
Audrey Schmitz

Ten states including California, New Mexico, Texas, Idaho and Colorado reduced milk production by a combined 224 million pounds.


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