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Home » Topics » Progressive Dairy » Dairy News

Dairy News
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Dairy risk management calendar: August 2024

Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
July 25, 2024
Jenn Coyne

Margin outlook has significantly improved from a few months ago as sustained high cheese and butter prices drive milk prices higher and lower feed costs all contribute to the positive outlook.


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Milk production continues to decline in USDA June estimates

The preliminary estimate of overall June 2024 milk production was lower than the same month a year earlier.
July 24, 2024
Audrey Schmitz

With a leap day adjustment in February 2024, monthly U.S. milk production has now been lower than the same month a year earlier for 12 consecutive months.


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Economic Update: May fluid milk sales up 0.3% from last year

July 22, 2024
Karen Lee

Here is the latest news affecting a dairy producer's bottom line as we start the fourth week of July.


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Weekly Digest: August 2024 Class I base price inches higher

July 18, 2024
Karen Lee and Dave Natzke

Here is a look at news affecting dairy operations that occurred over the last week.


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June 2024 FMMO uniform prices improve

Many milk marketing areas see highest blend prices in more than a year.
July 16, 2024
Dave Natzke

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


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Lower milk output per cow offsets higher cow inventories

Cheese, butter, whey and nonfat dry milk (NDM) price forecasts for 2024 are raised from the previous month on recent price strength and an expectation of tighter milk supplies.
July 15, 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 struggle as May slips 5%

In May, cheese continued shining while other dairy products disproportionately weighed on the market, embodying the ebb and flow of the dairy industry this year.
July 10, 2024
Jenn Coyne

The latest trade reports reveal another month of poor markets with U.S. dairy product exports slipping 5% from the modest growth seen in April. Despite concerns for the relatively flat U.S. dairy export performance in 2024, cheese continues to impress. Here’s Progressive Dairy’s 30,000-foot view at dairy-related export categories.


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June FMMO milk class prices strengthen

June 2023 Federal Milk Marketing Order (FMMO) pooling estimates, uniform prices and producer price differentials are scheduled to be released on July 11-14.
July 8, 2024
Dave Natzke

With prices for all milk classes rising during June Dairy Month, milk checks for June milk production will be stronger.


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USDA releases proposal for Federal Milk Marketing Order reform

Dairy producers will have 60 days to submit a written public comment.
July 3, 2024
Kimmi Devaney

On July 1, the USDA Agricultural Marketing Service (AMS) released its recommended decision, which proposes to amend the pricing provisions in the 11 Federal Milk Marketing Orders (FMMOs). This follows the record-breaking 49-day hearing process that began in August 2023 and concluded in late January 2024.


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Economic Update: Farmer sentiment falls slightly based on future outlooks

July 3, 2024
Karen Lee

As we enter July, here are some financial factors to consider, as well as opportunities for awards, scholarships and the opening of World Dairy Expo cattle show entries.


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