Nov. 30 2020
Dairy farmers have become accustomed to operating in an environment of “reasonable uncertainty.” However, the COVID-19 crisis has made 2020 prices especially volatile for the industry
Nov. 25 2020
“Mandatory pooling would not change the fact that you had a negative PPD,” said Andy Novakovic, Cornell University economist, in unpacking the correlation between plant pooling and producer...
Nov. 19 2020
For the same reason that many dairy economists are unwilling to put too much stock in predicting future milk prices, 2020 has left the industry with another lesson just as applicable to federal order pricing:...
Oct. 22 2020
The COVID-19 pandemic has most certainly impacted the financial stability of the country, put the economy into recession, and even raised concerns of a coming depression
Aug. 24 2020
Could dairy’s “V-shaped” price recovery transcend into a “W-shaped” price downturn? If shifted from a “V” to a “W-shaped” milk price graph, the markets...
July 16 2020
Receiving a response from a federal agency just 48 hours after submitting a significant petition is almost unheard of these days
July 16 2020
June milk checks carried a dose of unwelcome pricing news
July 16 2020
Many dairy farmers were justifiably frustrated during the initial height of the pandemic this spring as their milk struggled to get to consumers
July 6 2020
Forecasting the future of the U.S. dairy industry has always been a difficult task due in part to the inelastic nature of the demand for dairy products
July 6 2020
Milk prices are high now, but they are not expected to last. What might a producer do to slow the financial impact of that fluctuation?
June 29 2020
“I think this is a fragile high,” cautioned dairy economist Mark Stephenson. We know that milk prices already live on a knife’s edge, and the pandemic has heightened that uncertainty
June 29 2020
Class III milk, not Class I, likely will be the price leader in June milk checks. That’s a rare occurrence as Class I beverage milk is typically the market leader
June 25 2020
What do you think is most responsible for current milk prices?• Reduced milk supply• Restaurant orders and filling up food pipelines• USDA Farmers to Families Food Box program
April 6 2020
You’ve all heard the maxim that markets hate uncertainty. If a pandemic isn’t uncertainty, I don’t know what is
April 6 2020
It is an incredibly difficult financial time for dairies in the face of the COVID-19 outbreak in the U.S. and throughout the world
April 1 2020
As milk prices drop dramatically and the nationwide coronavirus crisis disrupts workforces and buying patterns, dairy has responded with a coordinated response
April 1 2020
In January, University of Minnesota Dairy Economist Marin Bozic’s message was that 2020 was going to be a good year for dairy farmers and milk prices
March 31 2020
“Well, that escalated quickly.” It seems to be the appropriate phrase to describe the last two weeks. What looked like would only be a slight interruption, has brought the global community...
March 9 2020
The U.S. is the third largest exporter of dairy products after the European Union and New Zealand. There is always interest in how we compare our milk prices to another country
Feb. 3 2020
Dairy economist Mark Stephenson predicts that 2020 will be a better year for milk prices — with a few asterisks