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  • Futures portend an October milk price at $20.16

    Monday, October 12, 2020 10:36 AM
        The Agriculture Department announced the September Federal order Class III benchmark milk price at $16.43 per hundredweight, down $3.34 from August and $1.88 below September 2019.
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  • Trump announces $14 billion for market disruptions

    Monday, September 28, 2020 9:50 AM
        More money is on the way. President Trump, speaking in Wisconsin Thursday announced an additional $14 billion dollars for agricultural producers facing market disruptions and associated costs because of COVID-19.
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  • 2020 Class III average sits at $17.61

    Monday, September 14, 2020 8:28 AM
    The Agriculture Department announced the August Federal order Class III benchmark milk price at $19.77 per hundredweight (cwt.), down $4.77 from July but still $2.17 above August 2019 and the highest August Class III since 2014.
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  • 2021 production estimated 1.6% up from 2020

    Monday, August 24, 2020 9:50 AM
    The Agriculture Department raised its 2020 milk production forecast from last month’s estimate in the latest World Agriculture Supply and Demand Estimates (WASDE) report, citing higher expected growth in milk per cow more than offsetting a slightly lower dairy cow number.
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  • U.S. ships 72% more exports to Japan in 2020

    Monday, August 10, 2020 9:32 AM
        Lots of eyes are on China which continues to increase its dominance in the world marketplace. A look at China’s June dairy imports was “impressive,” according to HighGround Dairy’s (HGD) Lucas Fuess.
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  • Dairy industry rides COVID-19 rollercoaster

    Monday, July 27, 2020 9:30 AM
        County fairs are being canceled across the country because of the COVID-19 outbreak but the dairy industry is riding a COVID-19 rollercoaster daily.
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  • Class III prices in nearby months exceed $20

    Monday, July 13, 2020 10:56 AM
        The Agriculture Department announced the June Dairy Month Federal order Class III benchmark milk price at $21.04 per hundredweight (cwt.), up a record month to month increase of $8.90 from May and $4.77 above June 2019.
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  • May milk production took hit from pandemic

    Monday, June 29, 2020 10:48 AM
        US milk production took a hit in May, likely driven by falling milk prices due to the pandemic and reduction programs mandated by milk handlers.
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  • Class III futures prices rebound beginning in June

    Monday, June 15, 2020 9:49 AM
        It was a week of contrasts as we entered June Dairy Month. Cash block cheese set a new record high and yet the Agriculture Department announced the May Federal order Class III benchmark milk price at its lowest level in 11 years.
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  • USDA cheese purchases could hurt retail sales

    Saturday, May 23, 2020 9:15 AM
        Even as the House of Representatives was poised to vote Friday on a $3 trillion coronavirus relief bill termed the HEROS Act, which would be the fifth such bill, dairy prices got another shot in the arm Mother’s Day week due in large part to Uncle Sam’s surprise buying spree announced the Friday before.
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