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April Prices Received Index Up 1.1 Percent
The April Prices Received Index (Agricultural Production), at 92.9, increased 1.1 percent from
March 2019. At 84.7, the Crop Production Index decreased 1.2 percent. The Livestock Production
Index, at 100.0, increased 2.6 percent. Producers received higher prices for hogs, broilers, hay,
and milk but lower prices for lettuce, market eggs, strawberries, and corn. Compared with a year
earlier, the Prices Received Index is up 0.1 p
Dairy Outlook: The Class III price should be in the upper $17s by October. U.S. milk production is decreasing, according to Bob Cropp, University of Wisconsin-Madison dairy economist. “Increases in milk production are well below 1% from the last quarter of 2018 and going into this year, with February milk production just 0.1% higher than a year ago,” Cropp says. “March production was 0.6% lower than a year ago, and April’s production was up just 0.1%. This has reduced dairy p
Fluid milk production in California is close to the same levels as last week. Milk intakes from Class I is steady to higher. Milk loads were handled well over the Memorial Day holiday with limited issues noted. Manufacturing schedules remain busy due to a lot of milk available for processing. Nonetheless, there is a good balance between the quantity of milk supplied and the one requested. In Arizona, milk yield remains lower than customary. At the beginning of the week, the w
During this U.S. Drought Monitor (USDM) week, a strong high pressure ridge was anchored over the southeastern contiguous U.S. (CONUS) while an upper-level trough dominated the West. This pattern set up a southwesterly flow across the central part of the country, which funneled moist and unstable air from the Gulf of Mexico into the Plains. Pacific weather systems moving in the jet stream flow plunged into the western trough, bringing precipitation and cooler-than-normal tempe
Butter prices saw some slippage last Tuesday but rallied to close the week at $2.3875 per pound, up 4 3/4-cents on the week but 2 3/4-cents below a year ago. Tuesday’s butter was up 2 cents, hitting $2.4075 per pound, the highest CME price since May 30, 2018, almost one year ago. Dairy Market News says cream has been more available for butter makers, likely due to the Memorial Day holiday but plant managers saw more cream than expected the previous week. Butter demand remains
OMAHA (DTN) -- Farmers in the waterlogged midsection of the U.S. continued to slowly slog along in planting corn and soybeans last week, but made little headway in narrowing the gap between this year's progress and the five-year average, according to USDA NASS' weekly Crop Progress report released Tuesday. The report was delayed a day due to the Memorial Day holiday. An estimated 58% of U.S. corn was planted as of Sunday, up 9 percentage points from 49% the previous week, and
Average daily streamflows indicated in cubic feet per second.
Reservoir levels current as of midnight on date indicated. Upper Snake River system is at 85 % of capacity. (Jackson Lake,Palisades, Grassy Lake,Island Park,Ririe,American Falls,LakeWalcott) Total space available:607104 AF Total storage capacity:4045695 AF
In California, milk output is flat and below peak levels. However, it is enough to meet the needs of buyers. Bottlers are still actively taking milk, but have reduced their intakes with the closing of some schools for the summer. Over the Memorial Day weekend, more milk will be going to balancing facilities as some Class II and cheese plants will be closed. Arizona milk production is steadily falling. Milk volumes are not always enough to meet the needs of processing plants,
A series of Pacific upper-level weather systems, and their associated surface lows and fronts, moved across the contiguous U.S. (CONUS) during this U.S. Drought Monitor (USDM) week. These systems dropped half an inch or more of precipitation across much of the West, Plains, and Midwest, as well as parts of the Northeast. Heavy rains of 2 to 4 inches, or more, fell across parts of California, especially the upslope regions. The systems triggered severe weather in the Plains, w