U.S. dairy margins are forecasted to rebound in the second half of the year. That wasn’t the case earlier this year as margins fell steadily during the first quarter of 2025
It’s a classic example of supply and demand. Dairy heifer inventories have shrunk to a two-decade low, and that has caused prices to vault to record highs
The need for more and higher value crops, as well as developmental pressure, has pushed agricultural land values to record high levels. That’s true for farm real estate, cropland, and pastureland
Historically, corn silage contracts have been based on a standard corn grain equivalent. This year, however, has atypical values of corn silage in fields compared to years past
For the first time in almost two years, Americans are feeling a little bit better about stretching their dollars when they go to the grocery store. That’s because the yearly average inflation rate...
The value of U.S. dairy exports rose by 26% last year, following an 18% gain in 2021. Yet for the first half of 2023, dairy export value has slid by 10%, with double-digit percentage declines in butter...
When consumers spend $1 on dairy products, dairy farmers receive 36 cents of that dollar. That’s according to the latest research by USDA’s Economic Research Service
We often talk about how dairy prices are going to raise or lower milk production, but we don’t spend much time talking about the impact that prices have on the demand side
“PPDs” had become a four-letter word in dairy farmers’ lexicon when negative producer price differentials (PPDs) exploded onto the scene in June 2020 at the onset of the COVID-19 pandemic
Land prices in the “Big I” states of Iowa, Illinois, and Indiana began to moderate between the first and second quarter of 2022 as Illinois held steady, Indiana rose 1%, and Iowa gained 4%
Consumers of goods — a group that includes all Americans — are paying more for everything right now. The Consumer Price Index (CPI) rose another 1.3% in June after climbing 1% in May
Despite historic butterfat production from the nation’s dairy herd, full-fat dairy products continue to have red-hot demand as spot butter prices hover near $3 per pound on the CME. Consider this,...
This May, the four Federal Milk Marketing Order (FMMO) milk pricing benchmarks fell just one penny short of achieving the first ever $25-plus-across-the-board milk price in U.S. history
A $2.25 drop in per hundredweight (cwt.) pay price. . . that’s a substantial price reduction. That’s doubly true when the shift occurred in less than a three-month window