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.

To date in 2024, total dairy exports are valued at $5.9 billion with the fiscal year-end forecast at $8 billion.

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.

From lower bankruptcy filings and interest rates to slight increases in farmer sentiment and the Global Dairy Trade, news for the first week of August is fairly positive.

Here is a look at news affecting dairy operations that occurred over the last week.