July milk production down on year

U.S. milk production declined slightly in July 2024. The USDA says production in the top 24 milk states was 18.171 billion pounds, 0.2% less than in July 2023, with a 2 pound rise in average production per cow to 2,047 pounds canceled out by a slight decline in the number of cows being milked, from…… Continue Reading

Domestic rice supply above a year ago

U.S. rice stocks on August 1st, 2024 were up sharply on the year. The USDA says rough rice in all positions at the start of the new marketing year was 32.433 million hundredweight, an increase of 34% from August 1st, 2023. That was due to a year-to-year increase in production and much larger old crop…… Continue Reading

Cash dairy mixed at midweek

Chicago Mercantile Exchange cash dairy markets were mixed Wednesday. The USDA says cash cheese barrels were up $.01 and ¾ at $2.28 and ¼, the second day in a row with a gain while 40 pound blocks lost a half a cent, closing at $2.09 and ½ after starting the week steady. Double A butter…… Continue Reading

A Canadian rail strike would affect U.S. ag

Mike Steenhoek with the Soy Transportation Coalition says U.S. agriculture would be affected if a Canadian rail strike happens this week. “What this does impact is those shipments that originate in the United States destined for Canada or shipments that originate in Canada destined for the United States.” He says Canada is the top destination…… Continue Reading

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