The dairy markets are feeling around for a bottom. April through July Class III futures notched life-of-contract lows this week.

It has been a while since I wrote something on water for the Friday Report. That is not because there is nothing happening, but rather...

It was a rough week on LaSalle Street. The trade had hoped that lower milk output and a smaller dairy herd would propel the markets upward.

The U.S. dairy industry continues to shrink. In the latest Milk Production report, USDA trimmed its estimates of 2023 milk...

USDA released its 2022 Census of Agriculture earlier this week, providing the latest installment of the once-every-five-year report on...

Anyone following the California dairy producer community over the past number of years realizes that the issue of quota has been – and...

After a period of exuberance, the dairy markets ran into some resistance this week. Though milk supplies are far from plentiful, demand...

With a smile, The Honorable Judge Jill Clifton ended the Federal Milk Marketing Order Hearing (FMMO) on Tuesday, January 30, 2024, at...

With the benefit of hindsight, USDA now believes there were many fewer dairy heifers on hand at the beginning of 2023 than previously...

Milk production growth in the U.S. sputtered at the end of 2023, leaving the full year result nearly unchanged from the year prior. After...

The National Federal Milk Marketing Order (FMMO) hearing that started back in late summer resumed for week 11 on Tuesday. Most of the...

Most Americans are irate about an unwelcome invasion across our unprotected border. I’m talking, of course, about the blast of cold air...

The dairy trade is feeling around for the bottom in the cheese market. Cheese output remains robust, but low prices have finally...

The new year has officially begun. But as Auld Lang Syne faded into the background, the dairy markets were unsettled in the first...

A few days ago, I had an opportunity to chat with a dairy real estate professional who is a regular reader of the MPC Friday Report.

There was a decided lack of Christmas cheer in the Class III markets this week. The January through April contracts scored...

Ink ran red on LaSalle Street this week. January Class III futures dipped below the $16 mark, a level signaling plenty of red ink on...

There is a lot going on in California water right now and I will mention a number of things in today’s update. So much of it is a work...

Early in this full week at the Federal Milk Marketing Order (FMMO) hearing, National Milk Producers Federation witnesses wrapped up...

Cheese vats remain full, despite lower milk output. U.S. cheese production reached 1.19 billion pounds in October, up 0.8% from the...