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Home » Topics » Progressive Dairy » Dairy News

Dairy News
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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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U.S. dairy exports post strongest quarter since 2022

Year-over-year gains for the third straight month in September drove U.S. dairy exports to its best quarter performance since October through December 2022.
November 7, 2024
Jenn Coyne

Strong demand for U.S. dairy products around the global, with the exception of China, propelled year-over-year dairy exports forward by 8.5% in September. Here’s Progressive Dairy’s 30,000-foot look at dairy-related export categories.


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Economic Update: Requirement for electronic ID tags now in effect

HPAI was confirmed in eight dairy herds in Utah in late October, making it the 15th state to find the disease in dairy.
November 7, 2024
Karen Lee
In news affecting dairy's bottom line:
  • Requirement for electronic ID tags now in effect
  • Utah becomes 15th state with HPAI in dairy, following mandatory surveillance
  • GDT index up 4.8%
  • November FSA interest rates continue to low
  • Farmer sentiment bounced back in October

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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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3 Open Minutes with Krysta Harden

Harden is the president and chief executive officer of the U.S. Dairy Export Council.
November 1, 2024
Karen Lee

The daughter of peanut farmers from Georgia, Krysta Harden shows a true passion for dairy. As the president and chief executive officer of the U.S. Dairy Export Council (USDEC), she champions the work of U.S. dairy farmers and the high-quality, high-value products produced from their efforts. Progressive Dairy Managing Editor Karen Lee met with Harden to discuss how USDEC strategically meets global consumer demand for dairy and opens new opportunities for U.S. dairy products and ingredients, placing not only volume but also value in the world’s marketplace.


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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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Weekly Digest: USDA to begin bulk milk testing for H5N1

October 31, 2024
Karen Lee

Here’s an update on news impacting your dairy as October 2024 comes to an end.


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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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    National leaders share bullish views for U.S. dairy

    Strong protein demand, both domestic and global, is opening more opportunities for dairy products and ingredients.
    October 29, 2024
    Karen Lee

    Four national dairy leaders were featured at the Global Dairy Summit, held by the Wisconsin Department of Agriculture, Trade and Consumer Protection (DATCP) on the expo grounds. The panel presentation covered the topics of global dairy product prospects, domestic dairy production and manufacturing trends, consumer dairy product purchasing patterns, and the future of dairy ingredients.


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    September report on dairy cows culled for beef

    October 28, 2024
    Audrey Schmitz

    Dairy cull cows marketed through U.S. slaughter plants in September lowest since 2007.


    Read More
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