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High milk prices continues to keep cows milking

U.S. milk production continues below that of a year ago, with May being the seventh consecutive month.

New yorkUnited statesRocky mountainNew zealand generalNew zealandNew mexicoSouth dakotaCapitol hillDistrict of columbiaEast north africaMatt gouldLee mielkeInternational dairy foods associationAgriculture departmentIngredient hedgingNational mall on

Alfalfa hay shot up to a record high average of $243 per ton

Happy June Dairy Month.

United statesNew mexicoBill brooksTom vilsackLee mielkeGreen american dairy coalitionIngredient hedgingProducers councilStonex dairy groupJune dairyMay federalApril all milk priceAll milk priceRadio nowStoneheart consultingCrop progress

High milk prices are incentivizing dairy farmers to keep cows in milking string

U.S. milk production continued to lag that of a year ago in April, the sixth month in a row to do so, as cow numbers and output per cow paused.

New yorkUnited statesNew mexicoNew zealandSouth dakotaNorth dakotaCorey geigerBill brooksJim mulhernLee mielkeStonex dustin winstonNational milk producers federationAgriculture departmentUs dairy export councilInternational dairy foods associationAtmospheric administration

Natural gas prices have nearly doubled since the beginning of the year

The Agriculture Department announced the April Federal order Class III milk price at $24.42 per hundredweight.

United statesNate donnayBill brooksLucas fuessLee mielkeAgriculture departmentBureau of labor statisticsCommodity ingredient hedgingApril federalApril classDairy productsGlobal dairy tradeRadio nowStonex directorMarket intelligenceUdder intelligence

Benchmark jumps $1 97

The Agriculture Department announced the April Federal order Class III milk price at $24.42 per hundredweight, up $1.97 from March, $6.75 above April 2021, highest Class III since July 2020, and 18 cents shy of…

United statesNate donnayLucas fuessAgriculture departmentCommodity ingredient hedgingApril federalMarch all milk priceMilk priceBill brooksMissouri based stoneheart consultingMargin watchChicago based commodityIngredient hedgingDairy tradeRadio nowMarket intelligence

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