Milk Production Ramifications

We saw a pretty bearish October Milk Production report last week. HighGround Dairy's Lucas Fuess talks about the ramifications with Lee Mielke on today's Dairy Radio Now:

Feed Outlook

Dr. Mike Hutjens provides the latest feed outlook:

Class I Up $1.83

The Agriculture Department announced the December Federal order Class I base milk price at $19.87 per hundredweight, up $1.83 from November, the highest Class I price since December 2014, and 54 cents above December 2019. That put the 2020 Class I average at $16.91,...

Winter Ventilation Tips

Just because we are entering the cold winter months doesn't mean to reduce the ventilation exchange rates in your barn. Dr. Ryan Leiterman from Crystal Creek tells us more:

Preparing For Transition

Dan Basse, President of AgResource Company updated Dairy Signal viewers on how the dairy industry is dealing with the global pandemic and government leadership transition.

Cheese Prices Falling, Feed Prices Rising

Cheese prices are falling and will pull milk prices lower but feed prices are rising. StoneX dairy broker, Dave Kurzawski, says last week's World Agricultural Supply and Demand Estimates report shows record corn exports and smaller crops. He talks with Lee Mielke...

Margin Coverage Update

Dr. Mike Hutjens tells us about the safety nets offered to dairy producers as we close out 2020.

Election Recap & DMC Reminder

National Milk's Chris Galen joined us with an update from our nation's capital:

Thank You Rep. Peterson

A big “Thank you” to Minnesota Democrat Collin Peterson, ranking member of the House Agriculture Committee, who was defeated in his re-election bid. Hoards Dairyman’s Corey Geiger called Peterson a “champion for agriculture.”

Milk Price Up $5.18

The U.S. benchmark Class III milk price pole vaulted $5.18, to $21.61 per hundredweight, highest October price since 2014, with more to come, thanks in large part to Uncle Sam’s Farmers to Families Food Box program. The November Class III futures settled Wednesday at...

July Class III: $24.54

The Agriculture Department announced the July Federal order Class III benchmark milk price at $24.54 per hundredweight, up $3.50 from June, 6 cents shy of the all-time record $24.60 in September 2014, and $6.99 above July 2019. It put the 2020 average at $17.30, up from $15.58 a year ago and $14.37 in 2018

The July Class IV price is $13.76, up 86 cents from June but $3.14 below a year ago, and the lowest July Class IV price since 2015. Its average now sits at $13.78, down from $16.11 a year ago and compares to $13.73 in 2018. Posted by: Mielke Market Weekly



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