March Prices Received Index Up 2.8 Percent, Prices Paid Index Up 0.1 Percent

March Prices Received Index Up 2.8 Percent The March Prices Received Index (Agricultural Production), at 91.9, increased 2.8 percent from February 2019. At 85.7, the Crop Production Index increased 2.1 percent. The Livestock Production Index, at 97.5, increased 3.0 percent. Producers received higher prices for lettuce, cattle, milk, and broilers but lower prices for market eggs, grapefruit, peanuts, and wheat. Compared with a year earlier, the Prices Received Index is down 3.4 percent. The Crop Production Index decreased 2.6 percent and the Livestock Production Index decreased 2.2 percent. The indexes are calculated using commodity prices and volumes of commodities that producers market. Inc

Cash dairy prices mixed

Cash Cheddar block cheese closed Friday morning at $1.6850 per pound, up 1 3/4-cents on the week and 6 1/2-cents above a year ago. The barrels, after losing 10 1/4-cents the previous week, finished last week at $1.63, 11 1/2-cents higher and 14 1/4-cents above a year ago; 21 cars of block were sold last week at the CME, highest total since early November 2018, and 19 of barrel. The blocks gained a penny and a quarter Monday and stayed there Tuesday, at $1.6725. The barrels were unchanged both days, holding at $1.63, as traders await the March Dairy Products report Thursday afternoon. Cheese demand reports were mixed last week, according to Dairy Market News. Some Midwestern producers suggest

USDA Weekly Crop Progress - Corn Planting Falls Further Behind Average Pace

OMAHA (DTN) -- U.S. corn planting equaled last year's pace as of Sunday, April 28, but fell further behind the five-year average, according to USDA NASS' weekly Crop Progress report on Monday. As of Sunday, 15% of the nation's corn was planted, equal to 15% at the same time last year but 12 percentage points behind the five-year average of 27%. In last week's report, corn planting was 6 percentage points behind the average. "Noticeable progress was made in Missouri, Iowa, Nebraska and Kansas," noted DTN Lead Analyst Todd Hultman. "Minnesota, Indiana, Michigan and Ohio are all 2% planted, and South Dakota has yet to start." Corn emerged, reported by NASS for the first time this season, was es

12-month dairy outlook anticipates Northwest farmers break-even returns in 2019

Northwest FCS’ 12-month dairy outlook anticipates break-even returns in 2019. Futures markets suggest unprofitable prices through the first half of 2019 with increasing prices for both Class III and Class IV milk from August through December 2019. Northwest Situation Mild weather in Southern Idaho favored milk production in January and February. The USDA milk production reports a year-over-year increase of 15 pounds per head in February. This comes as the state added 8,000 head over last year. Likewise, Washington added 3,000 head year-over-year, notwithstanding winter storms that ravaged producers in Yakima County, one of the largest dairy counties in the U.S. Officials estimate 1,800 cows

Fluid Milk and Cream - Western U.S.

Milk production in California is still strong, but unchanged. According to industry contacts, milk output is below the level of last year. Fluid milk demand declined a bit due to schools' closures for the holiday. Balancing schedules are very active as some plants are functioning seven days a week to process the milk. Arizona milk production is slightly up this month compared to the previous one. However, this week, output is like that of last week. The weather has started to warm up, so dairy farmers expect milk yield to star dropping soon. Milk processing was busier this past weekend due to a reduction of Class I milk intakes. Nevertheless, manufacturing activities have returned to normal

This Week's Drought Summary (4/25)

A series of storm systems moved quickly across the lower 48 States until reaching the East Coast as a strong ridge of high pressure over the western Atlantic Ocean blocked their eastward progression. Due in part to this slowdown, severe weather and heavy rainfall occurred in portions of the southern Great Plains, lower Mississippi Valley, Southeast, and mid-Atlantic during April 17-19. Moderate to heavy precipitation (1.5-4 inches) also occurred over the western Great Lakes region, Tennessee and central Ohio Valleys, parts of New England, and northwestern Washington. Light to moderate precipitation (0.5-2 inches) was widespread in the Northwest, eastern Great Basin, northern and southern thi

March milk production down 0.4%

U.S. milk production fell below that of a year ago for the first time in six years. The USDA’s preliminary 50-state data put March output at 18.9 billion pounds, down 0.4% from March 2018. Output in the top 23 producing states was 17.8 billion pounds, down 0.1%, as weather raised havoc throughout the country. Revisions lowered the original February total by 37 million pounds, to 16.0 billion, up just 0.4% from February 2018. March cow numbers in the 50 states totaled 9.34 million head, down 10,000 from February, 86,000 below a year ago, and the ninth consecutive month that cow numbers were below a year ago since May 2016. However, output per cow managed to climb to 2,024 pounds, up 10 pounds

USDA Weekly Crop Progress - Corn, Spring Wheat Planting Well Below Average Pace

OMAHA (DTN) -- U.S. corn planting came in at 6% this week, remaining behind the five-year average of 12%. Spring wheat planting is 5% completed, also well behind the five-year average of 22%, according to USDA NASS' weekly Crop Progress report on Monday. For the week ended Sunday, April 21, the nation's corn crop gained 3 percentage points from the previous week, but is 2 percentage points behind this time last year and is 6 percentage points behind the five-year average. "There were notable gains in Tennessee, Kansas and Missouri -- a sign that planting is migrating slowly northward," DTN Lead Analyst Todd Hultman said. Soybeans came in at 1% planted, below the five-year average of 2%. Earl

March Milk Production down 0.1 Percent, January-March Milk Production up 0.2 Percent

March Milk Production down 0.1 Percent Milk production in the 23 major States during March totaled 17.8 billion pounds, down 0.1 percent from March 2018. February revised production at 16.0 billion pounds, was up 0.4 percent from February 2018. The February revision represented a decrease of 37 million pounds or 0.2 percent from last month's preliminary production estimate. Production per cow in the 23 major States averaged 2,044 pounds for March, 10 pounds above March 2018. This is the highest production per cow for the month of March since the 23 State series began in 2003. The number of milk cows on farms in the 23 major States was 8.71 million head, 50,000 head less than March 2018, and

The milk makers and the milk takers

Countless statistics help quantify the U.S. dairy sector. But if one map could most clearly depict the U.S. dairy industry, it’s this one, which compares each state’s milk production to its human population. Green states These are major dairy states that produce over 600 pounds of milk for every citizen. Those states are net exporters of milk and dairy products — either domestically (other states) or internationally (other countries). The 600-pound total closely mirrors per capita dairy product consumption on a milk equivalent basis . . . think cows’ milk loaded onto milk trucks and shipped to processing plants. Eight of those states are super exporters, producing twice as much milk as their

Fluid Milk and Cream - Western U.S.

In California, although milk output is strong, it is trending below last year's levels according to market participants. Class I demand is a bit higher this week. Milk processing is either at full capacities or close to it. Plant managers are in control of milk supplies management within their areas, so they are not sending any loads into neighboring regions for processing. In Arizona, milk production is still lower than usual for this time of the year, but has picked up from previous weeks. Weather, though warming up, is still comfortable for cows. The handling of all the milk loads produced is taking place within the state as manufacturers have enough room to do so. Nonetheless, their sche

This Week's Drought Summary (4/18)

Two rapidly-moving strong storm systems, one “bombing out” in the central Plains during mid-week while a second storm intensified over the middle Mississippi Valley during the weekend, brought severe weather and widespread precipitation to many areas of the lower 48 States, including heavy snows to parts of the north-central Rockies, north-central Plains, and western Great Lakes region. In the Northwest, moderate precipitation falling on an unseasonably late (and above-normal) mountain snow pack (due to a minimal melt from a cold spring) produced near- to record high stream flows in much of Oregon and southern Washington. Widespread precipitation, including mountain snows, fell across Idaho,

All signs point to better dairy prices

Dairy Notes: USDA monthly price forecasts show notable increases in dairy prices this year. Northeast milk production is decreasing or increasing, depending on where you live. The March Milk Production Report, which reports milk production from February, showed a 0.6% increase for the top 23 milk-producing states and a 0.2% increase for the U.S. over the same time last year. Of the top 23 states, milk production decreased in Pennsylvania by 6%, increased in Vermont by 1% and increased in New York by 2.8%. Overall production in February was 17 billion pounds. Production per cow was 1,818 pounds, 19 pounds higher than the previous year. The total number of head is 9.36 million, down 77,000 hea

GDT auction continues upward trend

Tuesday’s Global Dairy Trade auction registered its 10th consecutive session of gain, inching 0.5% higher on the weighted average of products offered. That compares to the April 2 rise of 0.8%, 1.9% on March 19, and 3.3% on March 5. Sellers brought 16.2 million pounds of product to the market, down from 17.9 million pounds on April 2. The gains were led by anhydrous milkfat, up 4.2%, following a 3.7% rise on April 2. Butter was right behind, up 3.5%, after it climbed 5.8% last time. Cheddar was up 1.4%, following a 3.2% boost, and skim milk powder was up 0.2%, after rising 1.8% in the last event. The losses were led by lactose, down 3.4%, rennet casein, down 2.4%, and whole milk powder, off

Farm Bill Status Update: Dairy Programs to Open Soon

In an update on the 2019 Farm Bill, the Department of Agriculture has provided target dates for dairy programs. In the announcement, Agriculture Secretary Sonny Perdue stated, "we still have a lot of work ahead of us," but added USDA is diligently working on completing the process. Specifically relating to dairy in Title One of the farm bill, USDA says the Farm Service Agency will begin offering reimbursements to eligible producers for Dairy Margin Protection Program premiums paid between 2014 and 2017 by May first. The Office of the Chief Economist has entered into an agreement with the University of Wisconsin to develop a Dairy Margin Coverage decision tool that will be available to produc

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