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Supply and demand expectations for the top 5 global dairy regions

The U.S., Europe, Oceania, South America and China make up over 80% of global dairy trade. Some of these regions are poised to grow in milk production to meet the world's growing demand for dairy.
October 22, 2024
Karen Lee

At a 2024 World Dairy Expo breakfast event, Rabobank’s global dairy analysts provided an overview of the major dairy regions across the world in terms of their milk production capabilities and trade outlook.


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Weekly Digest: Fluid milk sales trend higher than last year

October 17, 2024
Karen Lee
In the news this week: August fluid milk sales are up, sugar in school milk is down, and the first champions were crowned in The Milk Cup.
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USDA projections provide mixed news for dairy’s bottom line

Large crops and lower feed costs could help partially offset a dip in milk prices as dairy producers look to close out 2024 and plan ahead for 2025.
October 14, 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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Weekly Digest: Congress passes short-term government spending package

September 30, 2024
Karen Lee
In the news this week, Congress extends government funding, dairy education and outreach grants are available, assistance is offered for organic dairy producers, and a new umbrella brand is revealed for federal and state policy efforts.
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Economic Update: Class I base price hits two-year high in October

September 23, 2024
Karen Lee and Dave Natzke

In the Economic Update, the Class I base price hits two-year high in October, fluid milk sales continue upward trend, and the USDA launches an assistance network to support financially distressed farmers.


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September WASDE report projects third-highest production for corn on record

Based on conditions as of Sept. 1, corn yields are forecast at a record-high 183.6 bushels per acre, which is 0.5 bushels higher than last month’s projection and up 6.3 bushels from last year’s final estimate of 177.3 bushels.
September 16, 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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Rabobank: Market narratives are shifting

September 9, 2024
Karen Lee

Analysts at Rabobank are expecting supply from the seven major milk-producing regions of the world to increase modestly over the second half of 2024 due to recent improvements in milk prices and cheaper feed.


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Weekly Digest: Nationwide beef, milk H5N1 sampling plans announced

Nominations are being sought for the USDA's newly established greenhouse gas (GHG) advisory council.
August 19, 2024
Jenn Coyne and Karen Lee

Several big initiatives are making headlines. Here is the latest news affecting dairy producers across the country.


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July 2024 FMMO uniform prices mostly higher but Class IV pooling falls to 11-year low

The increase in actual blend prices likely limited by summer dips in fat and protein tests.
August 15, 2024
Dave Natzke

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


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August WASDE report projects a record-high soybean crop

Based on conditions as of Aug. 1, soybean yields are expected to average a record high of 53.2 bushels per acre, up 1.2 bushels from last month and up 2.6 bushels from 2023.
August 13, 2024
Audrey Schmitz

The USDA’s World Ag Supply and Demand Estimates (WASDE) report offers forecasts for dairy, beef and feedstuffs.


Read More
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