“The commodity market is bringing a lot of money into the ag markets,” shared Sarina Sharp at the winter gathering of the Wisconsin Association of Dairy Plant Field Representatives

Risk management is a broad term that can have many, often complicated, definitions when considering a dairy’s choices on its financial security

Dairy News as reported in the Washington Dairygrams for the February 2022 issue of Hoard's Dairyman

When economists try to forecast markets, they typically look at the history of prices and production and then consider consumer demand and other market factors

Dairy News as reported in the Washington Dairygrams for the January 25, 2022 issue of Hoard's Dairyman

Dairy News as reported in the Washington Dairygrams for the January 10, 2022, issue of Hoard's Dairyman

Discussion continues surrounding the best approach in calculating the Class I mover to determine the price for fluid milk. The months of June through November 2020 highlighted that the Class I mover

Dubai. Not only is it one of the largest metropolitan centers in the Middle East with its 5 million-plus people, but it could also be considered the pearl of the United Arab Emirates (UAE)

For decades we have watched as U.S. cow numbers built up quickly in response to favorable market signals while retracting slowly to unfavorable ones

the volatility that dairy markets have experienced over the last several months continues. That’s because the balance between milk supplies and domestic and international demand for dairy products

For nearly two years, U.S. dairy producers have been building new facilities or crowding more cattle into existing pens

Dairy News as reported in the Washington Dairygrams for the September 25, 2021 issue of Hoard's Dairyman

A year and a half removed from the brunt of the stay-at-home lockdowns that ruled most of the world because of COVID-19, the global demand for cheese is reaching record highs

Unfortunately, we aren’t done with COVID-19 yet . . . or maybe it’s more correct to say that COVID-19 isn’t done with us yet. Either way, perhaps we should stop and ask what we have learned...

Dairy News as reported in the Washington Dairygrams for the August 2021 issue of Hoard's Dairyman

The author owns The McCully Group LLC, which provides management consulting for dairy and food companies.For the last two months, dairy markets have been in the summer price doldrums, bogged down by heavy...

Dairy News as reported in the Washington Dairygrams for the July 2021 issue of Hoard's Dairyman

As recovery from the pandemic continues, it may be years before we understand all of the consumption and production implications

The math of profits is straightforward . . . profits equal total revenues minus total costs. Of course, there are many layers that lie behind this simple formula. The first layer being that

Dumped milk was just one clear picture of the food supply chain failures that occurred last spring as the onset of the COVID-19 pandemic rocked product demand and altered production lines