Milk Prices

feeding strategies with lower milk prices

Feeding Strategies with Lower Milk Prices

7/22/2021

Because feed costs can represent 50 percent of the total cost to produce milk, dairy farmers are trying to reduce feed costs. However, with the wrong feed choices, farmers could save 10 cents a day while losing 50 cents of income.

Tags: Feed Costs, Feeding Strategies, Milk Prices

milk price and inflation

What does inflation mean for milk prices?

6/10/2021

The average cost to produce milk has climbed substantially so far this year. While the Federal Reserve debates inflation, it’s clear it has already arrived at dairy farms.

Tags: Feed Costs, Milk Prices

Do's and Don'ts of Feed Rations During Low Milk Prices

Do's and Don'ts of Feed Rations During Low Milk Prices

3/1/2018

Feed represents more than half of a typical dairy’s operating costs. When milk prices decline, cutting feed costs is often a tempting first strategy for producers and their nutrition consultants. However, when it comes to nutrition management, short-term cost cutting may lead to long-term and expensive consequences.

Tags: Feeding Strategies, Milk Prices

Milk Fat Adds $2.2 Billion to Farmers' Milk Checks

Milk Fat Adds $2.2 Billion to Farmers' Milk Checks

10/4/2017

An analysis of recent trends in dairy consumption suggests increased use of butter and other higher-fat dairy products has added $2.2 billion to dairy farmers’ milk checks, say officials with Dairy Management Inc. (DMI) and the National Milk Producers Federation (NMPF).

Tags: Milk Prices, Milk Production

Butterfat is Driving Your Milk Price

Butterfat is Driving Your Milk Price

9/28/2017

The pricing signal has now changed. Protein is no longer the most valuable milk component; butterfat is now milk’s most valuable component. Skim and the components in the skim, protein and other solids, are now the minority value.

Tags: Milk Prices

Milk Prices On The Rebound

Milk Prices On The Rebound

1/9/2017

Even though U.S. milk production surged 2.5% in October, shrinking production in other regions of the world and increasing global demand mean milk prices likely will improve significantly in 2017. USDA is projecting about $1/cwt increase in the All-Milk Price in 2017.

Tags: Milk Prices