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Industry News

Read coverage of current events and news affecting dairy producers and the industry.

LATEST

Many issues facing California dairy producers are not unique to the state, notes Daniela Bruno, University of California Extension dairy adviser in Fresno County.

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Residing north of Sioux Falls, South Dakota, Michael Reecy is vice president of dairy-related business for Farm Credit Services of America, an agricultural lender with offices in Iowa, Nebraska, South Dakota and Wyoming.

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The USDA’s monthly World Ag Supply and Demand Estimates (WASDE) report reflects the uncertainty of agricultural markets due to Russia’s military action in Ukraine. It also forecasts a year-over-year decline in U.S. milk production.

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Update Highlights

  • February Class III-IV milk prices higher
  • PMVAP payments wrapping up
  • U.S. dairy export outlook improves but imports up too
  • Dairy cull cow slaughter slowed in January
  • November 2021 mailbox, all-milk price spread tightened

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Milk pricing is complex, but the producer price differential (PPD) is also frustrating. First, most producers don’t understand how it is calculated. Second, a negative PPD, which happens a lot, looks like a milk check deduction (it isn’t actually).

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