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

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

One lesson the past year and a half taught us is that our food supply chain is fragile

In my previous column, “Keep an eye on the five major farm risks,” in the April 25, 2021, issue, I introduced the “five categories of risk” that farmers face

Three weeks ago, the National Milk Producers Federation (NMPF) announced it will seek an emergency USDA hearing on reform to the Class I price mover

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

However, why we have federal programs to subsidize food consumption is not always clear, especially when we contrast the perspectives of people whose primary interest is agriculture versus people whose...

The coronavirus pandemic was an outlier event that dramatically shocked the supply and demand fundamentals of all commodity markets. Milk was no exception