Sept. 12 2022
Milk and dairy product prices soared to unprecedented heights this summer as the global milk production deficit worsened
Aug. 31 2022
In my opinion, trying to forecast milk prices for 2023 is a fool’s errand. In my career, I’ve never seen a time with so many unknowns that will impact both milk production and demand
Aug. 13 2022
depending on who you listen to, the U.S. economy is officially in a recession . . . or maybe it isn’t. Either way, commodity prices have fallen over the last several months
July 13 2022
It is unlikely to come as news to readers that beverage milk consumption has been declining in recent decades
June 8 2022
Farmers everywhere are still struggling to manage through this extremely tight labor market. Prices of equipment, parts, fertilizer, hauling, and construction have also surged double-digits
May 10 2022
whether looking at your farm business or household accounts, it’s pretty obvious prices for just about everything are rising
April 13 2022
During the past two years, the commodity world was rocked by both the biggest demand shock and the biggest supply shock seen in generations. COVID-19 lockdowns crushed demand and led to widespread mil
March 30 2022
In recent years, for better or worse, milk prices in the U.S. are determined increasingly by forces at play in other parts of the world
Feb. 28 2022
After seven years of lackluster milk prices, dairy farmers are finally seeing the upswing they have been waiting for in milk checks. This year has started out with a bang
Feb. 10 2022
This year is shaping up to be a good year for milk prices. Milk production has dropped below levels from a year ago in four of the five major dairy exporting regions
Jan. 25 2022
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
Jan. 10 2022
Is it an overstatement to say that the U.S. dairy industry is experiencing a “paradigm shift” in its approach to milk production? Probably
Dec. 23 2021
Most forecasts focus on when. When will the supply chain bottlenecks be resolved? When will inflation subside? When will barrel cheese prices catch up with blocks?
Nov. 10 2021
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
Oct. 13 2021
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
Sept. 25 2021
For nearly two years, U.S. dairy producers have been building new facilities or crowding more cattle into existing pens
Sept. 10 2021
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...
Aug. 18 2021
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...
July 2 2021
As recovery from the pandemic continues, it may be years before we understand all of the consumption and production implications
June 9 2021
The average cost to produce milk has climbed substantially so far this year. In our conversations, we have been hard-pressed to find anything — services or products — that are cheaper this...