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Economic Update: September Class I base milk price falls 23 cents

August 21, 2025
Jenn Coyne and Karen Lee

In the news affecting dairy producers' bottom lines the third week of August 2025: The September Class I base milk price falls 23 cents, U.S.-EU trade agreement makes progress for dairy, GDT index down slightly, family-owned farms account for 95% of U.S. farms, and the USDA blocks taxpayer dollars for solar panels on prime farmland.


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Weekly Digest: Dairy Margin Coverage premium payments due Sept. 1

August 18, 2025
Karen Lee

In dairy-related news this week: FSA office reminds dairy producers that DMC premium payments are due Sept. 1, nutrient management solutions are featured on Wisconsin farm tours Aug. 19-21, FARM Program seeks nominations for Farmer Advisory Council, and a new dairy trade show is set to launch in Vermont in November.


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56065-natzke-fmmo-map.jpg

Average FMMO uniform milk price rises despite some order setbacks

July FMMO uniform milk prices are mostly higher from the month prior, yet two orders take a hit with Class III prices falling.
August 14, 2025
Jenn Coyne

The Federal Milk Marketing Order (FMMO) regional uniform milk prices continued to show improvement from June to July, with nine of the 11 orders reflecting a rise in prices month over month.


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Monthly WASDE, Crop Production reports offer outlooks for dairy, beef and feedstuffs

August 14, 2025
Audrey Schmitz

The milk production forecasts for 2025 and 2026 are raised from last month. The cow inventories are raised for both years based on the most recent data in the NASS Milk Production report.


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Weekly Digest: Dairy companies slash added sugars by nearly 60% ahead of new school year

August 11, 2025
Karen Lee

In dairy-related news the second week of August 2025: Dairy companies slash added sugars by nearly 60% ahead of new school year, dairy processing updates, Peace & Plenty Farm recognized as the 2025 McKown Master Breeder, 2026 Holstein Association USA delegate election underway and more.


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Economic Update: Bills related to milk introduced in House, Senate

August 7, 2025
Karen Lee

In news relating to dairy farmers' bottom line in early August 2025: Bills related to milk introduced in House and Senate, DFA acquires W&W Dairy, farmer sentiment weakens, and FSA interest rates continue upward trend.


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Alleviated trade tensions with China bolster U.S. dairy product exports

U.S. dairy product exports in June showed the strength of American dairy on the global market with a 15% year-over-year gain in volume on a milk solid equivalent basis.
August 7, 2025
Jenn Coyne

Halfway through 2025, and the markets are favoring U.S. dairy product exports in part to continued price advantages on the global scene but also improved trade relations with China, which suppressed sales earlier in the year.


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Dairy replacement cow prices hit new unprecedented high

Quarterly average prices in July reach highest level on record of $3,010 per head, according to estimates from USDA.
August 4, 2025
Audrey Schmitz

Quarterly average prices in July reach highest level on record of $3,010 per head according to estimates from the USDA.


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DMC margin settles at $11.10 per cwt in June

Cheaper feed costs in June with no change in the all-milk price produced a margin of $11.10 per cwt.
July 31, 2025
Jenn Coyne

The USDA National Agricultural Statistics Service (NASS) released its Agricultural Prices report July 31, which includes feed costs and milk prices used to calculate the June Dairy Margin Coverage (DMC) program margins and indemnity payments.


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Class III milk price stumbles, Class IV climbs in July

Federal Milk Marketing Order uniform milk prices are mixed in July with Class III falling and Class IV rising from the previous month.
July 31, 2025
Jenn Coyne

After a nice run of Class III milk prices, July’s forecast price fell more than $1, reflective of a sharp drop in cheese prices from the growing processing capacity that is being met with a hardy supply. 


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