Extended Days of Lower Prices Prompts Herd Contraction
Responding to persistently low milk prices, data from USDA and the National Milk Producers Federation shows a downward trend in milk and milk solids production.
National Milk Producers Federation
Consumers Increasing Dairy Consumption for Third Consecutive Year
Got Milk? According to the latest data, the answer is simply… yes.
Dairy Producers Cautiously Optimistic Regarding Future Industry Profitability
Dairy producers are finally reading some optimistic headlines as the industry works to right the economic ship that almost sank last year.
Average All-Milk Prices Increasing Despite Higher Input Costs
The U.S. average all-milk price increased by a full dollar per hundredweight from a month earlier to $18.40 in April according to the National Milk Producers Federation.
Dairy Industry Rebounding from Epic Decline, Demand Increasing
Domestic milk production has been increasing, pressuring milk prices since early May, but year-over-year growth comparisons are somewhat misleading due to last year’s atypical seasonal production patterns.
Despite Challenges Presented by Pandemic, Dairy Sales Impressive
How has the ongoing COVID-19 pandemic affected the dairy industry? According to the National Milk Producers Federation, retail dairy purchases that jumped at the beginning of the pandemic, have remained elevated since then.
Dairy Producers Experiencing Higher Prices Fueled By Exports
According to the National Milk Producers Federation, the industry survived with government support and robust export markets.