The United States Department of Agriculture’s Foreign Agricultural Service (USDA-FAS) released its latest global dairy markets and trade report in December 2023
The dairy situation and outlook for 2024, presented by: Leonard Polzin, University of Wisconsin-Madison This presentation will provide an overview of dairy markets
As 2023 draws to its end, the United Nations Food and Agriculture Organization (FAO) released its World Food and Agriculture — Statistical Yearbook, which reflects the changes in global food production...
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 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
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