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.

Here is your dairy-related news for the third week in September.

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.

In economic news this week: U.S. exporters’ secure rights to use common food names in Chilean market. Global dairy trade, FSA interest rates and farmer sentiment shift downward, and the USDA launched an online debt consolidation tool.

In the news this past week, HPAI has been confirmed in three California dairy herds, and field trials may begin for vaccines to combat the virus.

La production laitière a augmenté en 2023, en hausse de 1,5 % (1 396 883 hectolitres) par rapport à 2022. Elle a augmenté de 1,8 % dans le P5, par rapport à la mise en commun du lait de l'Ouest (MCLO), qui a quant à lui augmenté de 0,5 % pour l'année.

In the news this week: Environmental groups intend to sue the EPA over establishing emission factors for livestock operation, a workshop will be held for the FMMO proposed changes, Grande Cheese launches an on-farm sustainability program, and MMPA appoints a new CFO.

Here is a look at news impacting the bottom line of dairy operations in the third week of August 2024.

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