Extreme volatility has hampered dairy farmers across the nation for over a year and a half. However, that volatility has decreased in recent months and Class III and IV milk prices are trading in more normal ranges. This means that the Class I milk price change implemented in May 2019 will be a net benefit…
Each fall, the Center for Dairy Excellence hosts a series of roundtable meetings across the state. With the first of those meetings less than a month out, now is a good time to explain what the topic of discussion will be this fall. The Center is partnering with Penn State Cooperative Extension Dairy team to…
At the end of August, the USDA released data relative to fluid milk sales. The results from that data were relatively positive with fluid milk sales basically flat compared to 2019. The take home message was that whole milk and 2% reduced fat milk sales nearly offset losses in skim, low fat, and flavored milks….
Fall is officially here. Cooler weather, a little color in the trees, and a shortening of daylight hours are confirming the season change. Hot weather, drought conditions, and high feed costs have compounded over the summer to slow the milk production growth the U.S. dairy industry experienced through the first half of the year. Along…
The Vision of the Center for Dairy Excellence is to “Serve as a catalyst for a vibrant Pennsylvania Dairy Industry,” while the Mission is to “Empower and support Pennsylvania dairy families and businesses to thrive.” To help meet our Vision and Mission, the Center for Dairy Excellence opens its grant programs each fall to dairy…
There have been a lot of developments in the dairy industry as it relates to relief payments and changes to the Dairy Margin Coverage (DMC) program. On Tuesday, September 14, the Center hosted a Dairy Industry Conference Call to discuss these developments and answer participants’ questions. Paul Bleiberg, Senior Vice President of Government Relations at…
Milk production has grown tremendously this year. Every month through July has experienced year-over-year (YOY) growth. Through July, 3.41 billion more pounds of milk have been produced on U.S. dairy farms compared to 2020 after adjusting for 2020 leap year. This is a 2.6% increase in milk production compared to the first 7 months of…
The Coronavirus Pandemic certainly made its mark on the U.S. dairy industry last year, and it continues to influence dairy markets even now. The result of business shutdowns and stay-at-home requests by local, state, and federal governments had mixed results on dairy sales. When food service, a major user of cheese and butter products, was…
As we approach harvest season and have a better idea of what yields will look like, USDA starts estimating yields based on actual survey results. The Aug. 12 Crop Production report is the first estimate this year to use actual corn survey data to estimate yields. As with every year, different parts of the U.S….
Milk price has been extremely volatile over the last year and a half, making it very difficult across the Northeast for dairy farmers to know what they will be paid for their milk. One bright spot over that same period is exports. Without the volume of exports that have left U.S. borders since March 2020,…