Lee Mielke - Dairy Star - Sauk Centre, MN

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May Class III prices reach record high at $25.21

Tuesday, June 14, 2022 10:22 AM

Happy June Dairy Month. While it is indeed a happier one for dairy farmers looking at milk prices, the luster fades considering rising production costs.

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Milk production continues to lag from year ago

Tuesday, May 31, 2022 9:17 AM

U.S. milk production continued to lag that of a year ago in April, the sixth month in a row to do so, as cow numbers and output per cow paused.

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Class III futures at record high of $25.05

Monday, May 16, 2022 2:03 PM

The Agriculture Department announced the April Federal order Class III milk price at $24.42 per hundredweight, up $1.97 from March, $6.75 above April 2021, highest Class III since July 2020, and 18 cents shy of the record high.

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Cheese, butter prices raised due to firm demand

Monday, April 25, 2022 9:10 AM

As reported last week, the Agriculture Department raised its milk production estimate for the first time in a while in its latest World Agricultural Supply and Demand Estimates report (WASDE), citing expected higher dairy cow numbers.

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Class III benchmark price highest since Nov. 2020

Monday, April 11, 2022 12:28 PM

The world sits on pins and needles over the war in Ukraine while hopes were dashed this week after Moscow hinted that it would cut military operations near the Ukrainian capital after negotiators met in Turkey.

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Cheese demand remains steady in Midwest

Sunday, March 27, 2022 2:34 PM

Dairy trade got a little jolt this week following five consecutive sessions of gain in the Global Dairy Trade auction.

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Class III price continues to look strong for 2022

Monday, March 14, 2022 1:16 PM

Volatility was the word of the day, the week, and the hour, as the war between Russia and Ukraine rages on, raising havoc in every market, not to speak of the devastation on innocent human life.

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Dairy prices show no signs of weakening

Friday, February 25, 2022 7:57 PM

World dairy prices show little sign of weakening.

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Class III milk price highest since November 2020

Saturday, February 12, 2022 8:57 PM

The Agriculture Department announced the first Class III benchmark milk price of 2022 at $20.38 per hundredweight for January, up $2.02 from December, $4.34 above January 2021, and the highest Class III price since November 2020.

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Global dairy market strongest since March 2021

Sunday, January 30, 2022 11:53 AM

If there was any doubt about strength in the global dairy market, it was erased in the second Global Dairy Trade auction of 2022, its 300th trading event.

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