Dairy farming has always been a capital-intensive business. There are a lot of fixed investments required to run a dairy farm as detailed in my March 2022 column

Multiple component pricing has been the mechanism that has established the value for the supermajority of the nation’s milk since the Federal Milk Marketing Order reforms

It’s not just business expenses rising for dairy farmers across the country — higher prices are impacting every aspect of human life, from the gas pump to the grocery store

Dairy products remain rather tight worldwide. Given that situation, one would rationalize that the global milk production spigot may be turned to full stream

Inflation has officially arrived on the dairy product front as rising feed costs and the resulting tightness in U.S. milk supplies sends butter, cheese, nonfat dry milk, and whey prices climbing

In recent weeks, projections for higher milk prices have been frequently discussed. USDA’s most current monthly outlook projects the All -Milk price for 2022 at $22.60, a 21 % jump relative to 2021

Inflated fertilizer prices are just one of the exacerbated input costs farmers are dealing with as we enter a new year and season

Futures markets continued to move higher with mounting evidence that milk output among the major dairy exporters continues to slow

Just as the rising input costs of inflation are making food production more difficult for farmers, consumers are also continuing to see rising prices as they fill their grocery carts

Like any forage, alfalfa production carries its unique challenges from seeding to feeding. Specifically, when discussing the quality necessary to provide good nutrition to high-producing dairy cows

Many believe that sustainability will influence the purchases of tomorrow’s customers. In fact, 73% of Generation Z consumers in a 2020 survey said they would be willing to pay more

It has been a long-standing tradition for many people to enjoy a turkey dinner in some form on Thanksgiving Day

Dairy product consumption continued its growth trajectory despite the pandemic. In fact, American consumers ate more dairy products in eight of the past 10 years

China is expected to slow their milk powder import needs in the coming months. If other global importers cannot pick up the slack, downside price risk will be rippling through global dairy markets

Cheddar blocks and Cheddar barrels . . . these terms are likely familiar to those who closely follow dairy commodity prices

Although California and the Western U.S. are making headlines for excessively high temperatures and effects from fires such as smoke, dairy analysts don’t anticipate much loss on milk production

The unprecedented volatility in dairy markets over the last several months has raised questions about how milk is priced

If we ever need a reminder of why we should participate in milk risk management programs, 2020 will forever be remembered by everyone who lived through the COVID-19 era. The sunny price outlook that s