Sep 2014 Milk Prices Class I: 23.63 Class II: 26.11 Class III: 24.60 Class IV: 22.58 Calif 4a: 22.72 Calif 4b: 22.39 Oct 20, 2014 CME Spot Prices Butter Grade AA Settled/lb: 2.0150 Change: 1.5000 Block Cheese Settled/lb: 2.3250 Change: 3.7500 Barrel Cheese Settled/lb: 2.1075 Change: 3.7500 NFDM Grade A Settled/lb: 1.3200 Change: -6.0000 Butter Grade AA Settled/lb: 2.0000 Change: -13.0000
Daily News
October 20
September Milk Production Up 4.1%
October 20, 2014 — U.S. dairy farmers got the message. The record high milk prices and low feed costs, pardon the pun, signaled them to “milk ‘em for all their worth.” They added cows and got more out of every one. The Agriculture Department’s preliminary data issued this afternoon in its Milk Production report shows […]
Global Dairy Trade Auction up 1.4%
October 16, 2014 — The latest Global Dairy Trade (GDT) auction saw the weighted average for all products inch up 1.4%, after dropping 7.3% in the October 1 event. This is the first uptick since the short-lived gain on June 17. The price index has pretty much seen declines since reaching its high on February 4. […]
Benefits of Shortening the Dry Period
October 13, 2104 — Joining us on DairyLine today is Ken Zanzalari, Ph.D., who serves as Animate Product Manager for Prince Agri Products, here to discuss a recent trend on dairy farms to have a shorter, single-group dry cow feeding program instead of the traditional two-group cow program.  Listen here: Here’s a transcript of today’s […]
WASDE: 2014 & 2015 Milk Output Estimate
October 10, 2014 –  USDA’s World Agricultural Supply and Demand Estimates (WASDE) report, released October 10, reduced the milk production forecast for 2014 from last month on slower growth in milk per cow. However, for 2015, the production forecast was raised as growth in output per cow is expected higher with relatively lower-priced feed. • […]
California November Class 1 Plunges $1.76
October 10, 2014 — The California Department of Food and Agriculture announced the state’s November Class 1 milk prices this morning at $24.33 per hundredweight for the north and $24.60 for the south. Both are down $1.75 from last month’s record high but are $2.59 above November 2013. The 10-month average now stands at $24.86 for […]
Russian Ban Impacting Dairy Trade
October 10, 2014 — Cash dairy markets appeared to be stabilized Thursday and “we’ll see that for a few days at a time,” says Matt Gould, of the Dairy and Food Market Analyst. Speaking in Friday’s DairyLine, Gould reported that “Inventories ran real low so people are more comfortable at these price levels. The pipeline […]
Today's Show
Bill Baker
A New Approach to Calf Milk Replacer Formulation
October 16, 2014 — Growing demand for whey protein drives both milk prices and the input costs of  calf milk replacer protein – an opportunity for dairy producers and a challenge  for the dairy industry. Dr. Tom Earleywine from Land O’ Lakes Animal Milk Products, tells us about a new approach to calf milk replacer formulation […]
PDPW Dairy Tours Head to Texas
October 15, 2014 — From canyons to cowboys, big spaces to big steaks, everything Texas is famous for is in the Texas Panhandle. This region, where the Southern Plains meets the desert, is the milk production capital of Texas. Between 2000 and 2012, the region saw a nearly tenfold increase in the number of dairy […]
What’s the Buzz on Feed?
October 15, 2014 — Feed prices have been very favorable for dairy producers as of late, and very welcome since feeding dairy cows is a major cost in any operation. But where are they heading? Stewart Peterson Inc.’s Mike Rusch tells us the latest buzz in this month’s installment of “At the Corner of Strategy and Discipline.” […]