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Home » Topics » Progressive Dairy » Dairy News

Dairy News
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June DMC margin is $11.66 per cwt, premiums due soon

A staggering drop in feed costs and a rising milk price in June supported a margin not seen since 2022 for the Dairy Margin Coverage program. With few indemnity payments issued, producers are reminded that premiums for 2024 coverage must be paid by September.
July 31, 2024
Jenn Coyne

The USDA National Agricultural Statistics Service (NASS) released its Agricultural Prices report July 31, which includes feed costs used to calculate June Dairy Margin Coverage (DMC) program margins and indemnity payments. June’s margin was $11.66 per hundredweight (cwt).


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Large decline in dairy cow culling seen in June

Dairy cull cows marketed through U.S. slaughter plants lowest since July 2006 and may lead to increases in July milk production and cow numbers.
July 31, 2024
Audrey Schmitz

Dairy cull cows marketed through U.S. slaughter plants lowest since July 2006 and may lead to increases in July milk production and cow numbers.


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Weekly Digest: Colorado mandates statewide HPAI testing of dairy herds

July 25, 2024
Karen Lee

In the news this week, Colorado is mandating weekly bulk tank testing for HPAI in milk for all commercial dairy herds. More than 500 organizations call for action on the new farm bill and reports are released for dairy markets and beef-on-dairy.


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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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