Based on the USDA Cold Storage report, total natural cheese stocks decreased by 1.0 percent year over year for July. American cheese stocks were up 2.0 percent from the same month the prior year. For July 2025, butter stocks totaled 331.4 million pounds, down 7.0 percent from last month and down 6.0 percent from July…
The Global Dairy Trade (GDT) Price Index was down 0.8 percent from last session to $4,041 per metric ton (MT). All products, aside from cheddar, were down slightly from the previous session. Anhydrous milk fat and butter posted 1.5 and 0.8 percent decline, respectively. Mozzarella experienced a whopping 9.6 percent decrease over the same timeframe….
Based on the USDA Cold Storage report, total natural cheese stocks decreased by 1.0 percent year over year for July. American cheese stocks were up 2.0 percent from the same month the prior year. For July 2025, butter stocks totaled 331.4 million pounds, down 7.0 percent from last month and down 6.0 percent from July…
The USDA announced July’s margin under the Dairy Margin Coverage (DMC) Program to be $10.94 per hundredweight (cwt), down 16 cents from June’s margin and down $1.39 from the same month the year prior. As we move into the second half of the year, participating producers have still not received any indemnities for the duration…
Based on the July USDA Milk Production Report, the total number of milk cows on farm in the U.S. was 9.49 million head, a 159,000-head-increase year over year. From July 2024 to 2025, production per cow equaled 2,063 pounds, up 34 pounds. For July, U.S. milk production increased 3.4 percent from July 2024’s levels to…
Based on August’s World Agricultural Demand and Supply Estimates (WASDE), corn production estimates for 2025-2026 corn output reached 16.742 billion bushels. If the estimate holds true, this would be the largest U.S. corn crop recorded. Corn yield projections jumped to 188.8 bushels per acre, up 7.8 bushels from July’s estimate.
Inflation continues to weigh on global food prices, with the Food and Agriculture Organization reporting a 1.6 percent month to month increase in the agency’s food price index (FFPI) last month. July’s index was 130.1 points, at its highest level since early 2023. In line with the higher beef prices helping to aid farmer margins…
The USDA announced June’s margin under the Dairy Margin Coverage (DMC) Program to be $11.10 per hundredweight (cwt), up 70 cents from May’s margin and down 56 cents from June 2024. With June marking the halfway point for this program year, participating producers have not received any indemnities thus far.
June’s butter stocks fell 5.9 percent year over year and 3 percent month over month based on the most recent USDA Cold Storage report. From May to June, butter stocks dropped 10.2 percent, a little steeper than the usual season decline due to increased demand. This could be chalked up to a strong demand among…
Based on the most recent USDA Milk Production report, May’s U.S. milk production was revised from a previous 1.6 increase to a 2.4 increase year over year. For June, U.S. milk production estimates totaled 19.2 billion pounds, a 3.3 increase from June 2024 to 2025. Production per cow reached 2,031 pounds, up 33 pounds from…
