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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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Economic Update: April fluid milk sales up 1.5% from last year

June 20, 2024
Karen Lee

From fluid milk sales to global trade, here are the issues that could affect your dairy's bottom line.


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56065-natzke-fmmo-map.jpg

May 2024 FMMO uniform prices linked to Class III price bounce

High Class I marketing areas again feel "average-of" formula pressure
June 17, 2024
Dave Natzke

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


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USDA outlook sees little change in 2024-25 milk production

Milk production forecasts for both 2024 and 2025 are unchanged from last month with slight adjustments to cow inventories offset by slower growth in milk output per cow.
June 13, 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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Dairy product exports on the up and up from April reports

A 3% increase in U.S. dairy product exports reflect continued cheese growth and improving whey and butterfat volumes to offset declines in milk powder and lactose.
June 12, 2024
Jenn Coyne

Better whey and butterfat product exports, along with the ever-growing cheese category, helped settle U.S. dairy product exports at a 3% rise in April, marking the second month of the year to record growth. Here’s Progressive Dairy’s 30,000-foot view at dairy-related export categories.


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Economic Update: June 2024 Class I base price improves

May 23, 2024
Karen Lee and Dave Natzke

Here is a look at news affecting your dairy's bottom line before the Memorial Day weekend.


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Increased cow numbers, milk per cow raise 2024-25 milk production estimates

Milk production in 2025 is forecast to increase from 2024, driven by higher milk per cow and an expanding milk cow herd.
May 13, 2024
Audrey Schmitz

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


Read More

Dairy exports slip in March despite another cheese run

Surging cheese sales in March were not enough for U.S. dairy exports to continue the strong performance seen a month prior.
May 7, 2024
Jenn Coyne

Despite climbing U.S. cheese shipments in March, U.S. dairy exports fell into the red with a 7% slip from a strong year-over-year performance in February. Here’s Progressive Dairy’s 30,000-foot view at dairy-related export categories.


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USDA maintains dairy options in school meals

Lactose-free milk pilot program drives consumption.
April 29, 2024
Karen Lee

Last week, the USDA released its final rule updating meal standards for the National School Lunch Program (NSLP) and the School Breakfast Program (SBP). The updated rule encompasses three key victories for dairy and child nutrition, and has drawn applause from industry stakeholders.


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