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  • USDA projects 2021 Class III average at $16.80

    Monday, July 26, 2021 10:38 AM
         The Agriculture Department lowered its 2021 milk production estimate in its World Agricultural Supply and Demand Estimates (WASDE), as slower-than-expected growth in milk per cow more than offset higher forecast cow numbers.
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  • The “Mielke” Market Weekly

    Monday, July 12, 2021 8:49 AM

     The Agriculture Department announced the June Federal order Class III milk price at $17.21 per hundredweight (cwt.), down $1.75 from May and $3.83 below last year’s COVID-driven benchmark.
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  • The “Mielke” Market Weekly

    Monday, June 28, 2021 9:01 AM
    Mid-June dairy prices weakened and the week was lean on fodder for the markets.
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  • The “Mielke” Market Weekly

    Monday, June 14, 2021 10:09 AM

    U.S. milk prices are making June Dairy Month a little happier for farmers. 

     
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  • Predicted milk output challenged with feed costs

    Monday, May 24, 2021 1:38 PM
        The Agriculture Department raised its estimate on 2021 milk production and gave us our first peak at 2022 output in the latest World Agricultural Supply and Demand Estimates (WASDE) report.
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  • Average feed costs rise more than $5 from 2020

    Monday, May 10, 2021 1:35 PM
    U.S. dairy farmers are feeling the squeeze. Average feed costs are up more than $5.00 per hundredweight compared to a year earlier, according to the April 23 Dairy and Food Market Analyst (DFMA).
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  • Projected 2021 Class III, Class IV prices raised

    Monday, April 26, 2021 2:23 PM
    As I reported last week, the Agriculture Department raised its estimate on 2021 milk production in its latest World Agricultural Supply and Demand Estimates (WASDE) report issued April 9, based “primarily on increased cow numbers.” Projected Class III and Class IV milk prices were also raised.
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  • Class III price 10 cents below March 2020

    Monday, April 12, 2021 9:57 AM
    Dairy farmers will see a little more in their milk check. The Agriculture Department announced the March Federal order Class III price at $16.15 per hundredweight (cwt.), up 40 cents from February, a dime below March 2020, but the highest Class III price since November 2020.
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  • February milk output up 2% from year ago

    Saturday, March 27, 2021 3:17 PM
        The Agriculture Department’s preliminary data reports February milk output hit 17.63 billion pounds, down 1.5% from February 2020, however February 2020 had an extra “Leap Day,” 29 days of production instead of the 28 this year, so adjusting for that, February output was really up 2.0% from 2020. Output in the top 24 states was up 2.3%, when adjusted.
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  • Class III futures see price on the rise

    Monday, March 15, 2021 10:59 AM
        The Agriculture Department announced the February Federal order Class III benchmark milk price at $15.75 per hundredweight (cwt.), down 29 cents from January and $1.25 below February 2020. 
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