USDA Report Shows Decline In Producer Income

Chuck ZimmermanGovernment

Here’s a summary of the USDA 2005 Milk Production, Disposition and Income report. The main number that jumps out is the lower cash receipts. Which of course relates to producer income. You can find the full report here. (pdf file)

Dairyline Markets In Review

Chuck ZimmermanDairyline, Markets

DairylineDairy Markets Week in Review

Cash block cheese ended the first week of May still at $1.16 per pound, unchanged on the week, but 28 1/2-cents below a year ago. Barrel closed Friday at $1.1250, down three-quarters of a cent on the week, and 24 cents below a year ago. Four cars of block traded hands and two of barrel. The NASS U.S. average block price hit $1.1599, up 1.2 cents. Barrel averaged $1.1351, down 0.2 cents.

Butter closed at $1.1750, down a half-cent on the week, and 18 1/2-cents below a year ago. Only two cars sold. NASS butter averaged $1.1499, up 1.1 cents.

Provided courtesy of Dairyline.

CWT Export Assistance Bids

Chuck ZimmermanDairy Group, Export

Here’s the latest from Cooperatives Working Together: Cooperatives Working Together announced Thursday that it has accepted three export assistance bids, two for whole milk powder, and a third for cheese. The first two bids for whole milk powder, from Humboldt Creamery of Fortuna, CA, are to facilitate the export of 150 metric tons (330,000 pounds) to Turkey, and another 16 … Read More