Source: Iowa State University
All hay prices in Iowa averaged $169.00 per ton in January. This was $4.00 below the December price but $12.00 above the January 2022 price. The January 2023 alfalfa hay price, at $178.00, was $8.00 below...
Source: USDA, by Russell Knight, Hannah Taylor, William Hahn, Angel Terán, Mildred Haley, Grace Grossen, and Adriana Valcu-Lisman
The Livestock, Dairy, and Poultry Outlook for February 2023 analyzes economic impacts of month-to-month changes in USDA’s World Agricultural Supply and Use Estimates report on domestic and international markets...
Source: USDA news release
U.S. farm output-the total amount of livestock, crops, and other farm-related outputs produced in a year-tripled in the seven decades from 1948 to 2019. At the same time, the total amount of inputs used in U.S....
Source: USDA news release
Overall U.S. dairy consumption rose slightly from 1981 to 2021, but daily cheese consumption more than doubled and consumption of yogurt grew fivefold, according to loss-adjusted food availability data from the USDA, Economic Research Service (ERS).
In...
Source: IFCN
1. Macro-economic developments are pressuring dairy industry
Long-lasting slowdown in global economy is foreseen by World Bank at the start of 2023, affecting all global regions. Income levels are reduced by inflation and currency devaluation. Many countries are experiencing...
Source: USDA, by Russell Knight, Hannah Taylor, William Hahn, Angel Terán, Mildred Haley, Grace Grossen, and Adriana Valcu-Lisman
The Livestock, Dairy, and Poultry Outlook for January 2023 analyzes economic impacts of month-to-month changes in USDA’s World Agricultural Supply and Use Estimates report on domestic and international markets...
Source: USDA by Russell Knight, Hannah Taylor, William Hahn, Angel Terán, Mildred Haley, Grace Grossen, and Adriana Valcu-Lisman
The Livestock, Dairy, and Poultry Outlook for December 2022 analyzes economic impacts of month-to-month changes in USDA’s World Agricultural Supply and Use Estimates report on domestic and international markets for...
by Bradley Zwilling, Illinois FBFM Association and Department of Agricultural and Consumer Economics, University of Illinois
Higher costs coupled with higher milk prices still resulted in continued negative economic returns for Illinois dairy producers in 2021, according to figures summarized...
Source: USDA
by Russell Knight, Hannah Taylor, William Hahn, Angel Terán, Mildred Haley, Grace Grossen, Adriana Valcu-Lisman, and Margaret Cornelius
The Livestock, Dairy, and Poultry Outlook for November 2022 analyzes economic impacts of month-to-month changes in USDA’s World Agricultural Supply and Use Estimates Report on domestic and...
Source: FCC, Leigh Anderson
Overall demand for farm equipment is projected to remain strong into 2023, despite rising interest rates and a weakening Canadian US exchange rate. Demand is supported by strong farm cash receipts, even with commodity prices softening...
