Beef-on-dairy crossbreeding is the latest step in the evolution of dairy genetics and is now a key driver of the U.S. supply of both beef and dairy cattle. Some 72% of dairy farms are now incorporating beef genetics into...
The 2025 outlook for the dairy sector is a little murkier than last year. Slowing and uncertain population growth is likely to slow the growth in dairy product demand and producer prices are expected to remain relatively flat. However,...
Source: USDA
Report Summary
The milk production forecast for 2025 is lowered from last month based on smaller-than-expected dairy herd size in 2024 and fewer replacement heifers as of January 1, 2025. Wholesale price forecasts for 2025 have been increased for...
Cull Cattle Market Overview
Prices for cull cattle in Quebec showed an overall upward trend across most categories.
Dairy-type cattle saw average price increases ranging from +0.012 to +0.054 $/lb live, with >1500 lb dairy cattle averaging 1.468 $/lb...
Key Highlights:
Butter: Grade AA closed at $2.4325, with a weekly average of $2.4745 (-$0.0505). Production remains strong as cream supplies are widely available.
Cheese: Barrels closed at $1.8100, and 40# blocks at $1.8775. Weekly averages increased for both...
by James Mintert and Michael Langemeier, Purdue Center for Commercial Agriculture
U.S. farmers retained their post-election optimistic outlook at the start of the new year as the January Purdue University-CME Group Ag Economy Barometer Index rose 5 points above a...
Source: Ohio State University Extension
by: Andie Majewski, Graduate Teaching Associate, Department of Animal Sciences, The Ohio State University
Feed is the largest cost of production on dairy farms; therefore, it important to monitor the costs of feedstuffs on a local...
Source: USDA
Comparing Annual Inflation Rates in 2023 and 2024
The Department of Labor’s Bureau of Labor Statistics released its annual Consumer Price Index, CPI, for 2024 on January 15, 2025. The chart below compares inflation rates in 2023 and 2024...
Source: FCC
As we start the new year amid new challenges, including slowing population growth and potential trade barriers, here are our top charts to help make sense of the economic environment for the agriculture and agri-food sector, from producers...
Dairy: Milk production for 2024 is lowered from last month, with lower estimates for milk cow inventories and lower expected milk per cow ensuing from the most recent Milk Production report. The all-milk price estimate for 2024 is $22.60...
