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

Domestic and international dairy product future prices offer a slight glimmer of hope as we march toward fall

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

DAIRY product prices fell to levels not imagined several months ago, which pulled milk prices lower

The price and margin outlook continues to challenge the nation’s dairy farmers, with little sign of immediate relief

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

In recent months, Class III markets have been in a free fall as June Class III milk prices are tracking to the lowest levels since 2020

The latest dairy legislation news from Washington D.C

About the same time the new farm bill will be kicking in this October, the federal government’s new fiscal year also will be underway

Milk prices can’t go much lower, especially with these high feed prices . . . Can they?”

Starting in 2020, a price divergence between Class III and actual producer pay prices shook up risk management plans just as volatility re-entered dairy markets in a meaningful way for the first time

As 2022 came to a close, dairy commodity values were declining quickly, pulled lower by both a recovery in milk supply and weakening demand

In the simplest terms, price volatility is the change in a commodity’s price over time. Daily, weekly, monthly, and annual periods are often typical points to track to reference price movements....

Dairy News as reported in the Washington Dairygrams for the March 2023 issue of Hoard's Dairyman

Last year saw a record-high All-Milk price, with Class III and Class IV averaging $24 and $22 per hundredweight (cwt.), respectively. Overall, that $24 Class IV price was the highest on record

The dairy situation and outlook for 2023 presented by Mark Stephenson, University of Wisconsin-Madison, sponsored by QLF

As 2022 begins to draw to a close, it is instructive to look back at the factors responsible for the record All-Milk price that will be logged for the year

Milk and dairy product prices soared to unprecedented heights this summer as the global milk production deficit worsened