April Ag Prices Received Down 9.0 Percent , Prices Paid Down 1.1%

April Prices Received Index Down 9.0 Percent The April Prices Received Index 2011 Base (Agricultural Production), at 84.9, decreased 9.0 percent from March and 9.4 percent from April 2019. At 92.4, the Crop Production Index was up 4.2 percent from last month and 7.7 percent from the previous year. The Livestock Production Index, at 78.3, decreased 20 percent from March and 22 percent from April last year. Producers received lower prices during April for broilers, market eggs, milk, and corn but higher prices for oranges, grapefruit, rice, and hay. In addition to prices, the indexes are influenced by the volume change of commodities producers market. Increased monthly movement of strawberries

Milk prices rise as production ticks higher

Several factors may be contributing to rally in Class III futures prices Milk production in the 24 major production states during April totaled 17.8 billion lb., a 1.6% increase from April 2019, according to the U.S. Department of Agriculture’s latest “Milk Production” report. USDA revised its March production number to 18.5 billion lb., which was up 3.0% from March 2019. The March revision represented an increase of 115 million lb., or 0.6%, from last month's preliminary production estimate. Production per cow in the 24 major states averaged 2,013 lb. for April, up 17 lb. from April 2019. The number of milk cows on farms was 8.85 million head, 65,000 head more than April 2019 but 4,000 head

Consumer Price Index for all food rises

Index for meats, poultry and fish up 2.5% compared to same period last year. The U.S. Department of Agriculture’s Economic Research Service (ERS) released the latest Consumer Price Index (CPI) data this week. The CPI for April 2020 decreased 0.7% from March 2020 and was 0.3% above the April 2019 level. The CPI for all food was up 1.5% between March and April 2020, and food prices were 3.5% higher than the April 2019 level. The degree of food price inflation varies depending on whether the food was purchased for consumption away from home or at home, USDA said. The food-away-from-home (restaurant purchases) CPI increased 0.1% in April and was 2.8% higher than a year ago, while the food-at-hom

Fluid Milk and Cream - Western U.S. Report 22

In California, milk production is at seasonal levels. There is enough milk to fill current customers' needs. Processing facilities are running near full capacities. Discounted loads of milk are not as common as they were a few weeks ago. As so, many manufacturers are able to manage all their milk in-house. Bottled milk deliveries remain stable. In Arizona, milk output is mixed. Recent cooler than usual weather for this time of the year has given a short boost to cows' comfort. However, the cool weather didn't last for a long time. Due to the holiday related closings, several manufacturing plants pushed back on milk at the beginning of the week. Nonetheless, handlers managed to rerout

This Week's Drought Summary (5/28)

During the past week, widespread rain and thunderstorms fell across parts of the Great Plains, including a few instances of severe weather. Particularly large amounts of rain in central and eastern Nebraska, as well as in adjacent states, improved what had been a quickly drying scenario in many locations. Above-normal precipitation also fell in parts of the Northwest, which led to improvement in parts (though not all) of the ongoing drought areas there. Large rainfall amounts also occurred in south Florida and in parts of the central Florida Panhandle, leading to improvements in or removal of drought in these locations. Widespread rain in parts of Texas also led to drought improvement in the

USDA Weekly Crop Progress Report - Row-Crop Planting Slows, But Remains Ahead of Average Pace

OMAHA (DTN) -- Wet weather slowed fieldwork in some parts of the country last week, but corn and soybean planting progress nationwide remained ahead of the five-year average, USDA NASS said in its weekly Crop Progress report. The report, which is normally released on Mondays, was delayed until Tuesday due to the Memorial Day holiday. NASS estimated that 88% of the nation's intended corn crop was planted as of Sunday, May 24, a gain of 8 percentage points last week. That was slower progress than the 13-percentage-point gain seen the week before. Nevertheless, corn planting remains 33 percentage points ahead of last year at the same time and 6 percentage points ahead of the five-year average o

April milk up 1.4%

The Agriculture Department’s preliminary data in its latest Milk Production report pegged April output at 18.70 billion pounds, up a somewhat bullish 1.4% from April 2019. Output in the top 24 producing states amounted to 17.8 billion, up 1.6%. The April total included dumped milk. Revisions added 115 million pounds to the original March total, now put at 19.375 billion pounds, up 2.8% from March 2019 instead of the originally reported 2.2% increase. April cow numbers totaled 9.38 million head in the 50 states, down 4,000 from March but 49,000 above a year ago. Output per cow averaged 1,993 pounds, up 18 pounds from a year ago or 0.5%. California output was up 0.3% from a year ago. Cow numbe

Fluid Milk and Cream - Western U.S. Report 21

California milk production is a bit down compared to last week. Many farmers hit their peak flush production in Mid-April. A few processors say that they are transitioning their outputs to preferred product mixes. Some are selling a few spot loads of milk, but could process all their supplies if needed. The market is slowly regaining its balance in California. Supplies of milk are more manageable now. Class I deliveries are steady to slightly up. Milk output in Arizona continues to decrease as it usually does around this time of the year. Total intakes are increasing with more businesses reentering the market after the quarantine. Nonetheless, there are enough loads of milk to meet all

Dairy Margin Coverage payments triggered for March

Current projections indicate that DMC payment is likely every month for remainder of 2020. The U.S. Department of Agriculture’s Farm Service Agency (FSA) announced this week that the March 2020 income over feed cost margin was $9.15/cwt., triggering the first payment of 2020 for dairy producers who purchased the appropriate level of coverage under the Dairy Margin Coverage (DMC) program. “This payment comes at a critical time for many dairy producers,” FSA administrator Richard Fordyce said. “It is the first triggered DMC payment for 2020 and the first payment to dairy producers in seven months.” Current projections indicate that a DMC payment is likely to be triggered every month for the re

This Week's Drought Summary (5/21)

The southern Plains, Mississippi Valley, Pacific coast and south Florida were the recipients of the greatest rains this week, with some areas of Louisiana and south Florida recording 5+ inches of rain for the week. Dryness over the East and West was also coupled with warmer than normal temperatures over the West. Temperatures were 3-6 degrees above normal over the Nevada, Utah, Colorado and New Mexico regions while the northern Plains was 6-9 degrees below normal. Many dry areas of the Plains and Midwest have not had drought development due to the unseasonably cool temperatures in May. Northeast Cooler than normal temperatures dominated the region, with most areas at least 2-4 degrees below

Dairy industry begins plotting path forward

Sector begins analyzing how to keep retail sales momentum post-pandemic. U.S. dairy industry leaders said the sector continues to focus on the immediate needs of domestic consumers and producers due to the COVID-19 pandemic, but the discombobulation of the supply chain and resulting demand and consumer behavior changes will need to be analyzed before the industry is able to fully understand how to plot a path forward. Tom Gallagher, chief executive officer of Dairy Management Inc. (DMI), said during a conference call this week that a lot of money and efforts have been diverted to key issues like getting food into the hands of consumers and continuing to earn trust. Additionally, he said fund

April Milk Production Increases

April Milk Production up 1.6 Percent Milk production in the 24 major States during April totaled 17.8 billion pounds, up 1.6 Percent from April 2019. March revised production, at 18.5 billion pounds, was up 3.0 percent from March 2019. The March revision represented an increase of 115 million pounds or 0.6 percent from last month's preliminary production estimate. Production per cow in the 24 major States averaged 2,013 pounds for April, 17 pounds above April 2019. The number of milk cows on farms in the 24 major States was 8.85 million head, 65,000 head more than April 2019, but 4,000 head less than March 2020. April Milk Production in the United States up 1.4 Percent Milk production in the

Dairy prices skyrocket

Cash cheese prices soared last week, pulling Class III futures sharply higher as well. The Cheddar blocks closed Friday at $1.78 per pound, up a whopping 47.5 cents on the week, the fourth consecutive week of gain, and 10.75 cents above a year ago. The barrels finished at $1.72, 45 cents higher on the week and 9.5 cents above a year ago. Five cars of block exchanged hands last week at the CME and 15 of barrel. Traders took the blocks up 3.5 cents Monday on 3 unfilled bids, as they anticipated Tuesday’s Global Dairy auction and awaited April’s Milk Production report on Wednesday and Cold Storage and Slaughter reports on Thursday. The blocks tacked on 3.5 cents Tuesday, again on unfilled bids,

USDA Weekly Crop Progress Report - Corn 80% Planted; Soybeans 53% Planted

OMAHA (DTN) -- U.S. farmers maintained their faster-than-normal corn and soybean planting pace last week, USDA NASS said in its weekly Crop Progress report on Monday. NASS estimated that 80% of the nation's intended corn crop was planted as of Sunday, May 17, a gain of 13 percentage points from the previous week. That was 36 percentage points ahead of last year at the same time and 9 percentage points ahead of the five-year average of 71%. "Iowa led the way at 96% complete, followed by Minnesota at 95%," said DTN Lead Analyst Todd Hultman. "North Dakota and Pennsylvania showed the only obvious problems, at 20% and 15% planted, respectively." Forty-three percent of corn was emerged, 27 percen

Fluid Milk and Cream - Western U.S. Report 20

In California, milk output is steady to a bit down. According to industry contacts, milk sales to local plants have been steady across the Central valley. Processors are able to better manage their milk supplies this week. There are also fewer loads of spot milk available for spot sale. Most loads are moving through contracts. Class I deliveries are steady to slightly up. In Arizona, milk production is declining as the temperature reached an earlier than usual high record of 107 degrees this week. Milk supplies are now under control. With the reopening of many businesses after the quarantine, demands for milk are increasing. Class II sales are trending up, whereas Class I requests are unchan

This Week's Drought Summary (5/14)

Light precipitation at best covered most of the 48 states, so drought deterioration was more common than improvement this past week. Less than half an inch fell on most areas across the Southeast, Great Lakes Region, central and northern Plains, Mississippi Valley, Texas, and from the Rockies to the Pacific Coast. Widespread light to moderate precipitation covered the Northeast and the central Appalachians, and a fairly broad area centered along the Ohio Valley received from a few tenths to one-half inch. Farther west, there were a few exceptions to the generally dry week. More than 2 inches of rain soaked parts of the south-central Great Plains and adjacent western Mississippi Valley, weste

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