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
One of the privileges of my job is that I get to talk to people involved in the dairy industry from all around the world. And when we talk about pricing systems, the U.S. system is often admired
For only the second time since 1994, domestic cheese sales in the United States fell when compared to the previous year. In both instances, it took an economic shockwave to stop the sales ascent
For those who closely follow dairy product pricing, monitoring CME movement, and particularly the block and barrel cheese prices, is a critical component of their sales planning
In the conversation about the block and barrel cheese prices that play a role into the Class III price farmers receive for their milk, some might ask if the way cheese value is discovered — through...
“If you look at the federal order pools back in the 1950s, it was about two-thirds to fluid milk and the other one-third being manufacturing,” University of Wisconsin-Madison’s Mark Stephenson...