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

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

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

Roughly 40% of all U.S. dairy farms have non-family member employees, and about 70% of those workers are immigrant employees.

Struggling cheese and protein prices weakened the Class III price, offsetting strong butterfat and Class IV prices and widening the Class III-IV price spread, adding substantial Class IV depooling incentives.

With congressional failure to approve a 2023 Farm Bill, new milk supply contracts under the Dairy Forward Pricing Program are no longer authorized.

Progressive Dairy summarizes factors potentially impacting dairy producer income based on the USDA’s latest World Ag Supply and Demand Estimates (WASDE) and Crop Production reports.

While you can’t predict the future, financial benchmarking is a way dairy farmers can review concrete information about their operations – and how they compare to others in the industry – year after year.