Now that the month of October is in the rearview mirror, we have a full picture of what ended up being a record-breaking month in terms of butterfat prices
As the National Dairy farm magazine, Hoard's Dairyman provides dairy producers with dairy market prices and includes the Class IV price for milk. It is updated approximately monthly with the price of milk...
As the National Dairy farm magazine, Hoard's Dairyman provides dairy producers with dairy market prices and includes the weekly cheese price from CME, the Chicago Mercantile Exchange and NASS, National...
As the National Dairy farm magazine, Hoard's Dairyman provides dairy producers with dairy market prices and includes the weekly butter price from CME, the Chicago Mercantile Exchange
As 2023 comes to a close, dairy producers are hopeful that 2024 will be a better year. Record-low Dairy Margin Coverage (DMC) levels are one measure pointing to the tough financial year of 2023
As the National Dairy farm magazine, Hoard's Dairyman provides dairy producers with dairy market prices and includes the Class III price for milk. It is updated approximately monthly with the price of...
The unprecedented dairy boom of 2022 gave way to the inevitable bust in 2023. Although no one expected sky-high milk prices to persist into this year, the speed and severity of the setback blindsided producers
The value of U.S. dairy exports rose by 26% last year, following an 18% gain in 2021. Yet for the first half of 2023, dairy export value has slid by 10%, with double-digit percentage declines in butter...
The past several months’ future markets with corn, soybeans, and milk have been a wild ride. Over the past 15 years, I can’t recall a period like the one we’ve experienced as of late
The financial health of dairy producers has weakened in 2023. The April 2023 Dairy Margin Coverage (DMC) margin falling below the $6 level provides insight into dairy producers' tight margin situation