USDA Establishes Dairy Advisory Committee

Tue, 25 Aug 2009 20:05:00 GMT

Agriculture Secretary Tom Vilsack today announced that as part of USDA’s continuing efforts to listen to and respond to the needs of producers in the dairy industry he is moving forward on establishing the Dairy Industry Advisory Committee and is requesting nominations.

For the complete story click here.

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July Milk Production Report Released by USDA

Wed, 19 Aug 2009 16:13:00 GMT

In the July 2009 milk production report, the 23-state July milk prod. value was 14.9 billion pounds, up 0.1%t from July 2008.  Production per cow averaged 1,769 pounds, 25 pounds above July 2008.    The number of milk cows on farms in the 23 major States was 8.40 million head, 115,000 less than July 2008, and 34,000 less than June 2009.

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CWT Officials Release More Information on Latest Herd Retirement

Mon, 17 Aug 2009 15:10:00 GMT

CWT officials released more detailed information today about the size and scope of the self-help program’s second‐largest herd retirement. 73 percent of the farms selected are located east of the Mississippi River, while 70 percent of the 87,000 cows to be retired come from the Western and Southwest regions of the U.S. 72 percent of the milk removed will come from those two regions. For the complete news story click here.

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CME Blocks Increase to Their Highest Level Since December

Thu, 13 Aug 2009 11:37:00 GMT

The CME spot block price increased to $1.3325, a gain of 2.25¢ and the highest price since December 18. The spot barrel price increased 1¢ to $1.30. The spot butter price remained unchanged while Grade A nonfat dry milk increased 0.50¢ to close at $1.00.

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U.S. Cheese Exports the highest in 8 Months

Thu, 13 Aug 2009 11:32:00 GMT

U.S exports of cheese during June totaled 20.4 million lbs. according to USDA/FAS data released this morning. Cheese exports are the highest in eight months, but are still 24% lower than a year ago. Exports of other products continue to lag behind last year. SMP/NDM exports were 45.0 million lbs, down 55%. Butterfat exports were 3.6 million lbs., down 81%. The bright spot was dry whey exports of 38.5 million lbs., an increase of 15%. To access the FAS trade data, click here.

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Third CWT Herd Retirement in Nine Months to Remove 87,000 Cows, 1.8 Billion Pounds of Milk

Thu, 06 Aug 2009 23:41:00 GMT

Cooperatives Working Together announced today that it has tentatively accepted 294 bids in the third herd retirement it has conducted in the last nine months. These farms account for 86,710 cows and 1.8 billion pounds of milk. For a copy of the news release, click here.

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