Fluid Milk and Cream - Western U.S. Report 44

Milk output in California is following the normal seasonal trend as it fluctuates between steady and up from week to week. This month, milk production has been higher than the previous month, but according to industry contacts, it is lower than last year at this period. Class I milk deliveries are stable to a bit up. According to contacts, some spot milk sold at $0.50 over Class. Arizona milk yield continues to be on the rise due to the favorable temperature that milking cows are experiencing. Supplies of milk are increasing, but there are enough manufacturing capacities to take care of all the milk. Additional loads are coming in from other states, but trucking issues continue to play

September Ag Prices Received And Paid Decrease

September Prices Received Index Down 3.9 Percent The September Prices Received Index 2011 Base (Agricultural Production), at 87.0, decreased 3.9 percent from August and 1.6 percent from September 2018. At 86.7, the Crop Production Index was down 0.8 percent from last month and 1.6 percent from the previous year. The Livestock Production Index, at 87.3, decreased 6.8 percent from August and 1.6 percent from September last year. Compared to August 2019, producers received higher prices during September for apples, milk, and broccoli but lower prices for cattle, hogs, market eggs, and broilers. In addition to prices, the indexes are influenced by the volume change of commodities producers marke

This Week's Drought Summary (10/31)

This U.S. Drought Monitor week saw widespread improvements in drought-stricken areas across portions of the South, Southeast, and Mid-Atlantic, as moderate-to-heavy rainfall accumulations were observed associated with storm systems fueled by residual moisture from Tropical Storm Olga. Across these areas, precipitation accumulations ranged from 2-to-10 inches leading to improvements on the map in Louisiana, Mississippi, Tennessee, Alabama, Georgia, South Carolina, North Carolina, and Virginia. In California, numerous wildfires are burning across northern and southern portions of the state, including the Kincaide Fire (the state’s largest active fire) in Sonoma County that has burned approxima

Traders push cheese prices skyward

Traders appeared to ignore last week’s bearish September Milk Production and Cold Storage reports and took the Cheddar blocks to a Friday close at $2.1225 per pound, up 15.5 cents on the week and 60.75 cents above a year ago. The barrels caught fire last week and closed at $2.25, up 25 cents on the week, primarily on unfilled bids, the highest barrel price since Sept. 26, 2014, and $1 per pound above a year ago. Twenty-one cars of block traded hands last week at the CME and only 9 of barrel, all on Friday morning. The blocks added 2 cents Monday and a penny Tuesday, climbing to $2.1525. The barrels inched a quarter-cent higher Monday and stayed there Tuesday at $2.2525, an inverted 10 cents

USDA Weekly Crop Progress Report - US Row-Crop Harvest Remains Slowest in 10 Years

OMAHA (DTN) -- The U.S. row-crop harvest remains the slowest it's been in a decade, according to USDA NASS' latest Crop Progress report released Monday. Nationwide, corn harvest progressed 11 percentage points last week to reach 41% as of Sunday, 20 percentage points behind the five-year average of 61% and falling further behind the average pace than the previous week when harvest was 17 percentage points behind the five-year average. The pace of this year's corn harvest remains the slowest since 2009 when only 20% of corn was harvested as of Oct. 25, said DTN Senior Analyst Dana Mantini. "North Dakota is just 6% harvested, with South Dakota at 14% and Wisconsin 13% harvested," Mantini said.

Fluid Milk and Cream - Western U.S. Report 43

California daily average milk yield has been stable to higher. Compared to September, milk production has improved this month. There has also been improvements in milk component levels. Milk intakes from grocery stores and schools are unchanged to a bit up. Class II requests have somewhat dropped. As temperatures continue to cool off in Arizona, milk production is active. However, a few manufacturing facilities have room to help clear out-of-state milk. As the result, there is a flow of milk from the Upper West region to Arizona. Trucking issues and difficulty with finding haulers are slowing down milk transportation. Class I milk demand is the same as the previous week. New Mexico milk prod

Are we headed for record milk prices?

After peaking at 9.4 million head of dairy cows in January 2018, dairy cow numbers have slid by 120,000 head over the past 20 months. This in turn has caused the annual growth rate of U.S. milk production to fall below 1 percent for both 2018 and 2019. That’s after posting an average annual growth rate of 1.7 percent during the 2014 to 2017 time period. The recent decline in dairy cow numbers is only about one half of the decline the dairy industry experienced over a 12-month time span beginning in late 2008. The slowdown in milk production is one of the primary factors that has allowed farm-level milk prices to improve over the past seven consecutive months to reach $18.90 per hundredweight

This Week's Drought Summary (10/24)

The discussion in the Looking Ahead section is a description of what the official national guidance from the National Weather Service (NWS) National Centers for Environmental Prediction is depicting for current areas of dryness and drought. The utilized NWS forecast products include the WPC 5-day QPF and 5-day Mean Temperature progs, the 6–10 Day Outlooks of Temperature and Precipitation Probability, and the 8–14 Day Outlooks of Temperature and Precipitation Probability – valid as of late Wednesday afternoon of the USDM release week. The NWS forecast Web page used for this section is http://www.cpc.ncep.noaa.gov/products/forecasts/. This U.S. Drought Monitor (USDM) week began with a low pres

September milk up 1.3%

Some call it a September surprise. Others call it fodder for the bears. Monday’s Milk Production report showed preliminary output at 17.6 billion pounds, up 1.3% from September 2018. Output in the top 24 states totaled 16.8 billion pounds, up 1.6%. Revisions added 10 million pounds to the original 50 state August total, now put at 18.29 billion pounds, up just 0.2% from August 2018. Revisions added 32 million pounds to the top 24 states total. Cow numbers continued to slip. The head count in the 50 states totaled 9.315 million, down 2,000 from August, which was revised lower by 1,000 cows, and 53,000 head below a year ago. Output per cow averaged 1,891 pounds, down 72 pounds from August but

USDA Weekly Crop Progress Report - US Corn, Soybean Harvest Slowest Since 2009

OMAHA (DTN) -- The U.S. corn and soybean harvest made some headway last week but is the slowest it's been since 2009, according to USDA NASS' latest Crop Progress report released Monday. As of Sunday, 86% of corn was estimated as mature, 11 percentage points behind the five-year average of 97%. That was closer to the average pace than last week, when corn mature was running 19 percentage points behind average. Nationwide, corn harvest progressed 8 percentage points to reach 30% as of Sunday, 17 percentage points behind the five-year average of 47% and further behind the average pace than the previous week when harvest was 14 percentage points behind the five-year average. The pace of this ye

September Milk Production Rises

September Milk Production up 1.6 Percent Milk production in the 24 major States during September totaled 16.8 billion pounds, up 1.6 percent from September 2018. August revised production at 17.5 billion pounds, was up 0.5 percent from August 2018. The August revision represented an increase of 32 million pounds or 0.2 percent from last month's preliminary production estimate. Production per cow in the 24 major States averaged 1,913 pounds for September, 33 pounds above September 2018. The number of milk cows on farms in the 24 major States was 8.80 million head, 11,000 head less than September 2018, but 7,000 head more than August 2019. July-September Milk Production up 0.5 Percent Milk pro

Fluid Milk and Cream - Western U.S. Report 42

In California, milk production is seasonally higher. Temperatures and humidity are declining steadily, helping with milking cows' yield. Class I demands by retailers and educational institutions are mostly stable. Milk supplies are in good balance with the needs of users. In Arizona, temperatures are lower in the morning, keeping cows recharged and their milk production active. Compared to last month, milk output is higher. Handlers' milk pools have been stable. Due to the fall break, Class I demand was down last week, but it is back to normal this week. Component levels have started to improve bit by bit. Class II demand is steady to down as several plant managers have reduced ice cream

National Drought Summary for October 15, 2019

Summary The discussion in the Looking Ahead section is a description of what the official national guidance from the National Weather Service (NWS) National Centers for Environmental Prediction is depicting for current areas of dryness and drought. The utilized NWS forecast products include the WPC 5-day QPF and 5-day Mean Temperature progs, the 6–10 Day Outlooks of Temperature and Precipitation Probability, and the 8–14 Day Outlooks of Temperature and Precipitation Probability – valid as of late Wednesday afternoon of the USDM release week. The NWS forecast Web page used for this section is http://www.cpc.ncep.noaa.gov/products/forecasts/. A large upper-level low pressure system moved in th

USDA Weekly Crop Progress Report - Corn Condition Drops Again

OMAHA (DTN) -- In addition to corn condition dropping 1 percentage point this week, corn estimated as mature is still far behind the five-year average pace, according to USDA NASS' latest Crop Progress report released Tuesday. As of Sunday, 73% of corn was estimated as mature, 19 percentage points behind the five-year average of 92%. That was slightly closer to the average pace than last week, when corn mature was running 27 percentage points behind average. "North Dakota and Michigan are just 42% and 44% mature, while Wisconsin and South Dakota are 49% and 53%, respectively," DTN Senior Analyst Dana Mantini said. Nationwide, corn harvest progressed another 7 percentage points to reach 22% a

Dairy Market: Barrel cheese prices top $2

Cash cheese prices shot higher the second week of October, though traders are skeptical. FC Stone stated in its Oct. 10 Early Morning Update, “Logic and reason do not drive these markets. Greed and fear do.” Block Cheddar climbed to $2.12 per pound last Thursday but closed Friday at $2.10, up 10.75 cents on the week and 49 cents above a year ago. The barrels finished at $2.0225, up 23.25 cents on the week and 66.25 cents above a year ago. Last time barrels topped $2 was Nov. 10, 2014, and that was at $2.12 per pound. The spread narrowed to 7.75 cents. The blocks fell 2.75 cents on Columbus Day and lost another 1.75 cents Tuesday, falling to $2.0550, as traders mused on the confusin

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