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home : columnists : lee mielke July 20, 2017

Class III futures to peak at $16.92 in November
The June Dairy Month Federal order Class III benchmark milk price was announced by USDA at $16.44 per hundredweight (cwt.), up 87 cents from May and $3.22 above June 2016.
Monday, July 10, 2017
Projected 2017 milk production up 4.3 billion pounds
The Agriculture Department again lowered its 2017 and 2018 milk production forecasts from last month in its latest World Agricultural Supply and Demand Estimates (WASDE) report "as lower expected growth in milk per cow more than offsets expected gains in cow numbers."

Monday, June 26, 2017
Milk price climbs 35 cents with start of June Dairy Month
Happy June Dairy Month, which is an annual reminder to consumers of the wonderful contributions milk and dairy products make to health and well-being.
Monday, June 12, 2017
Butter production active in Central region
Market bulls received more fodder in the May 16 Global Dairy Trade (GDT) auction. The weighted average for all products offered shot up for the fifth consecutive event, up 3.2 percent, following gains of 3.6 percent on May 2, 3.1 percent jump April 18, 1.6 percent April 4, and 1.7 percent on March 14.

Tuesday, May 30, 2017
Milk to feed price ratio increases
The bulls are feeding on the latest Global Dairy Trade (GDT) auction where the weighted average for all products offered advanced for the fourth consecutive event, up 3.6 percent, following a 3.1 percent jump April 18.
Monday, May 15, 2017
2017 production predicted 2.3 percent greater than 2016
The Agriculture Department lowered its 2017 milk production forecast in its latest World Agricultural Supply and Demand Estimates (WASDE) report as "reductions in milk per cow offset increases in milk cow numbers."
Monday, April 24, 2017


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