December 9, 2023

There is growing evidence that the bottom in the dairy commodity markets has passed, but a “slow recovery” is likely as prices move back to long term averages, Rabobank warned today (Tuesday, December 5). The bank’s latest Global Dairy Quarterly report highlights that limited milk supply growth and “lackluster” demand led to soft commodity pricing this year but …

Slow recovery in dairy commodity prices expected Read More »

The latest U.S. Department of Agriculture Economic Research Service Livestock, Dairy and Poultry Outlook was released Nov. 16. This report, released monthly, summarizes production and economic data for livestock, dairy and poultry production. This article will highlight portions of the dairy section of the report. The November report (linked here: ers.usda.gov/webdocs/outlooks/107888/ldp-m-353.pdf?v=1274.1) showed that during the …

Using the latest USDA Dairy Projections to plan for 2024 Read More »