Could milk prices climb above $18/cwt. this fall?
With milk production down, stocks of dairy production are tightening and giving farmers are bit of hope that milk prices may climb above $18/cwt. this fall.
Price forecast bright spot on uncertain horizon
Farmers haven’t had a lot to smile about lately. A soggy spring that has delayed planting across the state, an uptick in the number of dairy farms exiting the business since the first of the year and ongoing trade wars that have left farmers and the markets in flux.
U.S. milk production growth remains small
Heavy cow culling continued to keep the lid on milk production growth in April.
2019 could be year of recovery for dairy industry
Hope springs eternal after a long winter, and dairy experts are feeling optimistic that the dairy industry may be showing signs of recovery.
Class III milk on trajectory for improvement
Things may be starting to look up a bit for dairy producers. The base price for Class III milk in March, revealed in the April 3 class and component price announcement by the U.S. Department of Agriculture, is $15.04 per hundredweight.
Wisconsin dairy farms struggle with low prices, rising costs
Wisconsin is known as the “Dairy Capital” of the United States. If it continues shedding dairy farms at rates similar to 2018, it’s in danger of losing its title.
Farmers should plan ahead as water issues heat up
As public scrutiny and the threat of litigation over water quality mount, grain farmers at this year’s Conservation Tillage and Technology Conference were reminded of the importance of being proactive and keeping good records.
Milk price drops 66 cents, averages $14.61 for year
The base price paid to dairy producers for Class III milk in December took a tumble, ending the year on a low note at $13.78 per hundredweight. This is the lowest Class III price since last February, when it sunk to $13.40.
