COVID-19 puts hit on milk production
The coronavirus pandemic has made for some wild times in dairy markets, which in turn have led to significant downturns in U.S. milk production.
Economists: Dairy price rally might not hold
Dairy markets have been on a wild ride during the coronavirus pandemic, first diving deeply and more recently making a remarkable recovery.
WI milk production held steady in 2019, despite fewer farmers, cows
Milk production in Wisconsin held steady in 2019, despite a declining number of farms and cows in the state.
Class III futures take a big fall thanks to virus outbreak
Federal dairy industry officials have lowered the forecast for 2020 milk prices. Milk prices in 2019 improved considerably over 2018 with Class III averaging $16.96 compared to just $14.61 for 2018. Earlier forecasts had 2020 milk prices averaging as much as $1 or more higher than 2019.
Wisconsin Loses 10 Percent Of State’s Dairy Herds As Fallout From Low Milk Prices Continues
Dairy Experts Say 2020 Will Bring Higher Prices But Farm Consolidation Will Continue.
Milk prices are rising, and could top $20
After more than four years of staggering milk prices, markets are delivering profitable prices to dairy producers.
Milk production, markets confuse economists
A spike in U.S. milk production and the yo-yoing cheese market have dairy economists at the University of Wisconsin scratching their heads.
Milk prices continue to strengthen
Higher cheese prices have increased the Class III price from its yearly low of $13.89 last February to $18.31 in September and will be around $18.65 for October.
Uptick in cheese prices, exports boost Class III milk prices
Lower cheese production and tightened inventories combined with a modest growth in sales and exports, pushed cheese prices up to a five-year high at $2.35 lb. for 40-lb. blocks on the Chicago Mercantile Exchange.
Dairy price outlook brightens
The continuing drag on milk production in the U.S. and abroad could help dairy producers start to dig out of the trenches of dismal milk prices.
