Part II – Making Money – Milk per Cow
This is Part II of the series defining ways to increase producer revenue. Part I covered increased components. This post will cover the state-by-state milk per cow and the annual percent increases in milk per cow. More milk per cow can deliver more components and add revenue with minimal cost. To set the scene, Table […]
Part I – Making Money – Components
The prior post covered the impact of current component levels on producer revenue. The impact is very powerful. This post and the next three posts will cover opportunities to increase revenue. The four posts will cover the following elements. Part I – Making Money – Butterfat and Protein Components Part II – Making Money – […]
Exports and Imports
Exports feed demand for dairy products. An increase in exports can pressure inventories and increase prices. An increase in imports reduces domestic demand and can lower prices. This post will review exports and imports of key dairy products. Because exports and imports can be volatile month-to-month, this post will use 12-month moving averages. The dotted […]
Producers are Making Money with $22.05 per cwt.
The August 18 post covered the pricing trends of the commodities used to price produce milk. The Agricultural Marketing Service (AMS) calculates and publishes data for all Classes of milk. For Class III, the largest Class, the protein value is calculated as an index based on 3.0% and butterfat is based on 3.5% in total milk. The […]
Dairy Commodity Prices are Used to Calculate Producer Milk Prices. One Commodity is up and all Others are Down.
The last two posts, July 21 and July 28, covered the impact of the USDA proposed changes on producer payment for their milk. The changes will decrease producer revenue. This post will examine the trends in the prices of the commodities used to price producer milk to see how they might offset the lost revenue. […]
