CWT Assists with 1 Million Pounds of Dairy Product Export Sales
Cooperatives Working Together (CWT) member cooperatives accepted seven offers of export assistance from CWT that helped them capture sales contracts for 152,119 pounds (69 metric tons) of Cheddar and Monterey Jack cheese, 661,387 pounds (81 metric tons) of whole milk powder and 177,472 pounds (81 metric tons) of cream cheese.
Is Dairy Revenue Protection for you?
Dairy Revenue Protection (DRP) is designed to provide opportunities to lock in price protection, potentially guaranteeing income above breakeven or limiting losses. Now may be a good time to learn about the program and how it may fit into your farms risk management strategy.
Dairy Report: Prices Move More Than 50% in a Matter of Months
It may be one of the fastest rallies in the history of tracking the milk market. We’re talking about the price of Class III milk from April to June.
DMI/NMPF Dairy Market Report (COVID-19 Impact)
The coronavirus pandemic has attacked the U.S. dairy economy in waves. It showed up first via collapsing futures-based price outlooks in March, then prompted an April meltdown in the cash markets, and is now being felt most acutely in the milk checks producers will receive through July.
Dairy Margin Coverage Program Payment Triggered at $6.50 Level
The lowest all-milk price recorded for the year, $14.40, met the lowest feed costs recorded in 2020 at $8.37 per cwt. ( MGN Online )
Dairy Producers to Receive $6.20 Per CWT in Aid Payments
President Donald Trump and USDA released the long-awaited rules for direct payments under the Coronavirus Food Aid Program (CFAP) at the White House Tuesday, saying enrollment will start next week with initial payments to follow the week after.
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.
Milk Prices Improve $1.82/cwt in Southeast Since April 2018
Milk production in the 23 major states during April totaled 17.4 billion pounds, up 0.3% from April 2018. Production per cow for April averaged 1,996 pounds. The number of milk cows was 8.71 million head, 1,000 head less than March 2019.
CWT-assisted dairy product export sales total 1 million pounds
Cooperatives Working Together (CWT) member cooperatives accepted 6 offers of export assistance from CWT that helped them capture sales contracts for 335,103 pounds (152 metric tons) of cream cheese and 599,657 pounds (272 metric tons) of whole milk powder.
Southeast Milk Prices Jump $2.40/cwt Compared to Last March
Milk Production: Milk production in the 23 major states during March totaled 17.8 billion pounds, down 0.1% from March 2018.
