June Ag Prices Received Index Up 1.0 Percent, Prices Paid Up .3 Percent

June Prices Received Index Up 1.0 Percent The June Prices Received Index 2011 Base (Agricultural Production), at 89.2, increased 1.0 percent from May but decreased 4.9 percent from June 2019. At 91.8, the Crop Production Index was down 3.3 percent from last month but up 2.1 percent from the previous year. The Livestock Production Index, at 86.7, increased 5.0 percent from May, but decreased 11 percent from June last year. Producers received higher prices during June for milk, oranges, broilers, and lettuce but lower prices for hogs, market eggs, cantaloupes, and corn. In addition to prices, the indexes are influenced by the volume change of commodities producers market. In June, there was

Fluid Milk and Cream - Western U.S. Report 31

In California, milk production is unchanged from a week ago. Class I sales are stable. Class II and III requests are strong. As the school year is about to start in a few weeks, industry players are reassessing market conditions and wondering how the COVID-19 restrictions will affect Class I milk demands. Meanwhile, processing schedules are not as busy. In Arizona, milk volumes produced are at low levels. With hotter summer weather conditions, cows are beginning to feel less comfortable. Bottled milk sales are generally stable. Class II requests are still strong. Not much milk is leaving the state. Milk supplies are just enough to satisfy buyers' needs. New Mexico milk production

This Week's Drought Summary (7/30)

High pressure dominated the southern half of the contiguous U.S. (CONUS) again during this U.S. Drought Monitor (USDM) week. Upper-level weather systems tracked across the U.S.-Canadian border, dragging surface lows and fronts along with them. The High brought hot temperatures to much of the South, East, and West, with daily maximum temperatures exceeding 90 degrees F every day. The fronts brought cooler temperatures to the Upper Midwest at the beginning of the week, but maximum temperatures began to exceed 90 degrees across the Plains and eastward as the week wore on. The hot temperatures increased evapotranspiration (ET) which dried soils and stressed crops and other vegetation. This was s

Farmers Deserve a Seat at the Table in Milk Pricing Policy

The American Farm Bureau Federation released its final report on priorities for milk pricing reform, calling for more democracy and a more equitable program for dairy farmers. A Farm Bureau Federal Milk Marketing Order Working Group worked for a year to examine the system and develop recommendations to modernize the current FMMO system. Among AFBF's priorities is amending the Agricultural Marketing Agreement Act to allow dairy farmers to directly vote on Federal Milk Marketing Order issues. Currently, only dairy farmers who are independent and not members of cooperatives may cast individual ballots. Cooperatives may allow their members to vote independently, but then lose their ability to bl

Cheese prices slipping

Cheddar block cheese closed the fourth Friday of July at $2.54 per pound, down 12 cents on the week after losing 25.5 cents the previous week, but was still 71.5 cents above a year ago. The barrels climbed to $2.4650 last Tuesday, the highest since Sept. 25, 2019, but finished Friday at $2.45, 2 cents higher on the week and 73 cents above a year ago. The spread was reduced to 9 cents; 16 cars of block were sold last week at the CME and 23 cars of barrel. The blocks tumbled 6 cents Monday and lost 4 cents more Tuesday, slipping to $2.44, lowest CME price since June 1. The barrels were unchanged Monday but gave up a penny Tuesday on 2 offers, also slipping to $2.44 per pound and matched the bl

USDA Weekly Crop Progress Report - Corn and Soybean Conditions Improve Slightly

OMAHA (DTN) -- The condition of the U.S. corn and soybean crops rose slightly last week, USDA NASS said in its weekly Crop Progress report on Monday. Development of both crops are ahead of the five-year average. NASS estimated that 72% of the corn crop was in good-to-excellent condition as of Sunday, July 26, up 3 percentage points from the previous week and the third highest rating in 10 years. "Big gains in ratings were seen in Illinois, Nebraska, Michigan, Ohio, Kansas and Indiana. The good-to-excellent rating in Iowa was down 3 percentage points to 77%," said DTN Lead Analyst Todd Hultman. Corn silking jumped 23 percentage points to reach 82% as of Sunday. That was well ahead of the 51%

Fluid Milk and Cream - Western U.S. Report 30

In California milk yield is steady to a bit up. Some plants are being run close to full capacity. Class I demands remain unchanged, but Class II sales have slightly picked up. According to several industry contacts, some processors from other western states are taking a few loads of cream from California to meet their needs. Arizona milk yield is at seasonally low levels, but according to market players, milk volumes have not declined as low as expected. Supplies are available to satisfy all pressing needs. Many industry participants are reevaluating the market, wondering how safety measures put in place to control the spread of covid-19 will affect milk demands when schools reopen f

This Week's Drought Summary (7/23)

High pressure dominated the southern half of the contiguous U.S. (CONUS) during this U.S. Drought Monitor (USDM) week. Upper-level weather systems tracked across the U.S.-Canadian border, dragging surface lows and fronts along with them. The frontal systems tapped Gulf of Mexico moisture to drop locally heavy rain across parts of the Plains to Midwest, while convective thunderstorms peppered coastal areas of the Gulf. The high-pressure ridge inhibited precipitation across much of the southern Plains to Southeast, and across most of the West. It also kept temperatures unusually hot, with daily maximums exceeding 90 degrees F across the South throughout the week and across much of the West for

June milk production up 0.5%

U.S. milk production is headed back up after a short-lived dip in May due to falling milk prices, a result of to the COVID pandemic and reduction programs mandated by milk handlers. Preliminary data in the latest Milk Production report showed June output at 18.3 billion pounds, up 0.5% from June 2019. Milk output for the quarter totaled 55.9 billion pounds, up just 0.4% from 2019. Cow numbers averaged 9.36 million head, down 12,000 from first quarter, but 31,000 head more than the same period a year ago. June output in the top 24 producing states hit 17.4 billion pounds, also up 0.5% from 2019. Revisions raised the original May 50-state total by 115 million pounds, now put at 18.96 billion,

June Milk Production up 0.5 Percent , April-June Milk Production up 0.4 Percent

June Milk Production up 0.5 Percent Milk production in the 24 major States during June totaled 17.4 billion pounds, up 0.5 percent from June 2019. May revised production, at 18.0 billion pounds, was down 0.5 percent from May 2019. The May revision represented an increase of 93 million pounds or 0.5 percent from last month's preliminary production estimate. Production per cow in the 24 major States averaged 1,974 pounds for June, unchanged from June 2019. The number of milk cows on farms in the 24 major States was 8.83 million head, 43,000 head more than June 2019, but 9,000 head less than May 2020. April-June Milk Production up 0.4 Percent Milk production in the United States during the Apri

USDA Weekly Crop Progress Report - Soybean Condition Improves Slightly; Corn Condition Steady

OMAHA (DTN) -- The condition of the U.S. soybean crop rose slightly last week while the condition of corn was unchanged, USDA NASS said in its weekly Crop Progress report on Monday. Development of both crops was slightly ahead of normal. NASS estimated that 69% of the corn crop was in good-to-excellent condition as of Sunday, July 19, unchanged from the previous week. "Of the major corn-producing states, the best-rated crops are still Iowa (80% good to excellent), Minnesota (83% g/e), Wisconsin (81% g/e) and South Dakota at 84% good to excellent," said DTN Senior Analyst Dana Mantini. Corn silking jumped ahead 30 percentage points to reach 59% as of Sunday. That was well ahead of 30% at the

Fluid Milk and Cream - Western U.S. Report 29

California milk yield is steady to trending down. Weather conditions have not much affected milk production volumes yet. Processors report having plenty of milk to meet their manufacturing obligations. Class I demands are steady and unlikely to change for the coming weeks. Due to COVID-19 restrictions, some Class II orders were cancelled as several restaurants reclose. The milk market is steady. In Arizona, despite big increases in temperatures, reaching the three-digit numbers, farm milk production hasn't declined much. The monsoon and the humidity it creates, hasn't kicked in yet, which is one of the reasons why milk output hasn't dropped as expected. Milk supply is stable

This Week's Drought Summary (7/16)

The active Atlantic hurricane season continued (with respect to number of named storms) as minimal Tropical Storm Fay formed off the Carolina coast, moved northward, and made landfall in New Jersey. Rainfall from Fay was beneficial for parts of the Northeast, especially the Delmarva Peninsula, New Jersey, eastern Pennsylvania, and western New York, where 2-3 inches of rain, locally to 7 inches, brought widespread relief from growing short-term dryness and drought. Lighter totals also fell on most of New England, but most areas did not receive enough rain to make any marked improvements. Elsewhere, a series of slow-moving fronts drifted across the lower 48 States, generating MCCs (Mesoscale C

Dairy Farmers Oppose Whole Milk Ban in Schools

The American Dairy Coalition recently fired off a letter to Ag Secretary Sonny Perdue and Health and Human Services Secretary Alex Azar regarding whole milk. The coalition, which represents dairy farmers, told both department heads that they’re unhappy about the possibility the report of the Dietary Guidelines Advisory Committee will recommend continuing a ban on whole milk in schools. The Hagstrom Report says the coalition has asked Perdue and Azar to intervene on the question. In the letter, the dairy coalition says, “Despite an abundance of science that demonstrates that full-fat dairy products reduce chronic disease in children and adults and promotes learning children’s learning ability

Dairy Market: Cheese blocks hover near $3 a pound

Forget gold. Invest in cheese. One could almost say that. The CME Cheddar blocks set another record high Friday, closing at $2.9150 per pound, up 24 cents on the week and $1.13 above that week a year ago. But the market wasn’t satisfied and just had to see what $3 per pound looked like on Monday, jumping 8.5 cents, but then backed down a penny Tuesday to $2.99. The Cheddar barrels, after limping to $2.40 per pound last Wednesday, closed Friday at $2.34, down 7.5 cents on the week and 60 cents above a year ago. 23 cars of block traded hands last week at the CME and only 2 of barrel. The barrels got caught up in Monday’s updraft and regained 6.25 cents, but set a record of a different kind; a

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