COVID-19 brought to light a number of supply chain concerns around the world. Chief among them according to economist David Kohl was the cannibalization of industry via concentration
It’s official, Class III milk headed to the cheese vat will be priced far higher than all other classes. That’s because the cheese markets rallied in short order
Forecasting the future of the U.S. dairy industry has always been a difficult task due in part to the inelastic nature of the demand for dairy products
Although there is risk of hot weather and the potential for drought across some parts of the country in July, this year’s corn crop is looking markedly better than last year
As agriculturalists, we are well aware of the impacts COVID-19 has had on farm gate prices. As consumers, we have witnessed empty store shelves where products used to be and limits placed on certain items
The United States dairy industry has made great improvement in recent years in reducing antibiotic residues. In the past quarter century, the sector’s hard work has allowed it to cut milk truck residues...
Class III milk, not Class I, could be the price leader in June milk checks. “June’s Class III price (driven by cheese price gains) is expected to jump over $7 per hundredweight (cwt.)
Class III milk, not Class I, likely will be the price leader in June milk checks. That’s a rare occurrence as Class I beverage milk is typically the market leader
“I think this is a fragile high,” cautioned dairy economist Mark Stephenson. We know that milk prices already live on a knife’s edge, and the pandemic has heightened that uncertainty
This May’s milk production figures saw a 1.1% decline from May 2019 and were recognizably lower than April 2020. The cuts were made both in total production and production per cow
What do you think is most responsible for current milk prices?• Reduced milk supply• Restaurant orders and filling up food pipelines• USDA Farmers to Families Food Box program