Dairy Markets Week in Review Cash cheese prices continued to recover the second week of March. The 40-pound block price ended the week at $1.25 per pound, up 5 cents, but still 56 cents below that week a year ago. The 500-pound barrels closed Friday at $1.3175, up 9 3/4-cents on the week, but 42 1/4-cents below a year ago, … Read More
CattleFax Reports Record Low Cow Numbers
From the latest Drovers Alert: CattleFax has reported that declining milk prices and high input costs have caused dairy cow slaughter to be at 25 percent above a year ago and at the highest it has been in the last 20 years. Even though input outlays have declined since their record highs of last year, the decline has not been … Read More
Dairyline Markets In Review
Dairy Markets Week in Review Cheese prices recouped some of the previous week’s losses the first week of March. Block closed Friday at $1.20 per pound, up 2 1/2-cents on the week, but 66 1/2-cents below that week a year ago when the blocks tumbled 20 1/2 cents. Barrel closed at $1.22, up 4 cents on the week, but 64 … Read More
USDA Considers Elimination of Producer-Handler Exemption in Federal Milk Marketing Orders
The U.S. Department of Agriculture is already moving forward to examine a petition submitted last month by National Milk Producers Federation (NMPF) to eliminate the producer-handler exemption in all Federal Milk Marketing Orders. In the proposal, submitted by NMPF and International Dairy Foods Association, large producer-handlers bottling more than 450,000 pounds of milk per month would no longer be able … Read More
Pa. Dairy Producers Invited to Economic Roundtables
Dairy producers and managers faced with depressed milk prices can share ideas and find solutions for managing through the current environment at dairy roundtable meetings hosted by the Center for Dairy Excellence with Penn State Cooperative Extension and the Penn State Dairy Alliance. Although participation is free, reservations are required. Any dairy producer interested in attending should contact the Center … Read More
Dairyline Markets In Review
Dairy Markets Week in Review Cheese prices reversed five weeks of gains the last week of February, likely in response to Friday’s Cold Storage data and lots of product coming to the market. The blocks closed Friday at $1.1750 per pound, down 13 1/2-cents on the week and 89 1/2-cents below a year ago. Barrel closed at $1.18, down 9 … Read More
Dairyline Markets In Review
Dairy Markets Week in Review CME cash cheese prices moved higher for the fifth consecutive week but weakened at week’s end as lots of product made its way to the market. The 40-pound block price climbed to $1.33 but ended the President’s Day holiday-shortened week at $1.31 per pound, up 7 cents on the week, but 76 1/4-cents below that … Read More
DFA Offers Help to Members
The Board and management of Dairy Farmers of America, Inc. (DFA), a milk marketing cooperative owned by more than 18,000 dairy farmers, are taking numerous measures to assist their members through this uniquely challenging low price cycle. “Although we expect to have to manage through volatility in this industry, this down cycle is an especially bad one,” said Tom Camerlo, … Read More
Dairyline Markets In Review
Dairy Markets Week in Review The second week of February saw continued strength in cash cheese with the block price inching higher for the fourth consecutive week, closing Friday at $1.24 per pound, up 8 1/4-cents on the week, but 81 cents below that week a year ago. Barrel closed at $1.23, also up 8 1/4-cents on the week, but … Read More
Vilsack to Help Dairy?
Agriculture Secretary Tom Vilsack signaled Wednesday that he may take measures to put more dairy products in federal nutrition programs, possibly easing the blow of falling milk prices on dairy farmers. But he was less enthusiastic about boosting exports, which could lead to complaints from U.S. trade partners. In a press conference, Mr. Vilsack said he would not comment about … Read More