Dairy Demand
Here is a brief look at the news affecting dairy producers for the week of June 25-July 1, 2023.
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Economic update: Dairy organizations submit modified proposals for possible hearing
Here’s an update of factors impacting your dairy income for the final week of June Dairy Month 2023.
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Small growth in May milk production was enough to pressure prices lower
Year-over-year U.S. milk production was up 0.6%, with cow numbers up about 13,000 head.
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Weekly Digest: Congress headed home
Here is a brief look at the news affecting dairy producers for the week of June 18-24, 2023.
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May 2023 FMMO uniform prices mixed as Class III-IV pooling seesaws
With the Class IV milk price back above the Class III price, incentives for Class IV depooling returned.
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Production, processing capacity leading to milk dumping
Producer should have the volume recorded and evaluate options before disposing of milk.
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April U.S. dairy product exports fall off
Foreign demand for U.S. replacement heifers is spreading.
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USDA cuts 2023 milk production forecast, Class III and all-milk price projections lowered
Milk production and price projections for 2024 follow patterns similar to 2023.
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Weekly Digest: U.S. Supreme Court limits WOTUS authority
The scope of federal regulatory authority through the Clean Water Act has been controversial for many years and the subject of multiple lawsuits.
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Weekly Digest: Ag loan interest rates moving above 8%
The current extended period of milk production growth has been weak, but downward pressure on prices continues.
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