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Home » milk pricing

Articles Tagged with ''milk pricing''

USDA forecasts offer varied outlook for dairy’s financials

Lower cow numbers for the third quarter of 2024 were more than offset by higher milk output per cow.
November 11, 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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Replacement cow prices climbed to a record-breaking high in October

November 4, 2024
Audrey Schmitz

Quarterly average prices in October hit a new all-time high of $2,600 per head according to estimates from the USDA.


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September DMC margin is record-shattering at $15.57

In September, milk prices climbed nearly $2 while feed costs went down a nickel to deliver a $15.57 per cwt margin. This is the seventh consecutive month where indemnity payments have not been triggered through the Dairy Margin Coverage program.
October 31, 2024
Jenn Coyne

The USDA National Agricultural Statistics Service (NASS) released its Agricultural Prices report Oct. 31, which includes feed costs used to calculate the September Dairy Margin Coverage (DMC) program margins and indemnity payments. The month’s margin was $15.57 per hundredweight (cwt).


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October FMMO milk class prices dip

October 2023 Federal Milk Marketing Order (FMMO) pooling estimates, uniform prices and producer price differentials are scheduled to be released on Nov. 11-14.
October 31, 2024
Dave Natzke

After peaking last month, U.S. dairy producer milk checks in many marketing areas are likely headed lower during the fourth quarter of the year.


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Market forces elevate September FMMO uniform prices near two-year peaks

With a change in markets, FMMO uniform prices improved, but pooling levels modified and negative PPDs returned.
October 14, 2024
Dave Natzke

Here’s Progressive Dairy’s monthly review of September 2024 FMMO data to provide some additional transparency to your milk check.


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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.


Read More

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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August 2024 FMMO uniform prices move higher as Class III-IV markets move

Blend prices are near a two-year high and could move higher in the fourth quarter of 2024.
September 18, 2024
Dave Natzke

Here’s Progressive Dairy’s monthly review of August 2024 FMMO data to provide some additional transparency to your milk check.


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September WASDE report projects third-highest production for corn on record

Based on conditions as of Sept. 1, corn yields are forecast at a record-high 183.6 bushels per acre, which is 0.5 bushels higher than last month’s projection and up 6.3 bushels from last year’s final estimate of 177.3 bushels.
September 16, 2024
Audrey Schmitz

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


Read More
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