![](/wp-content/uploads/2017/04/Market-Report-Icon.png)
The Latest: July - 2024
Dairy Markets Heat Up Amid Tight Supply
As befits the season, the dairy markets heated up this week. The trade is becoming increasingly concerned that milk will remain tight, as a hot summer, avian influenza, and the heifer shortage overpower market signals to make more milk. U.S. milk output totaled 18.8 billion pounds in June, down 1% from the year before. In the first half of the year, the U.S. dairy industry made 0.9% less milk than in the first six months of 2023 and marked its lowest first-half production since 2020. Of course, thanks to higher components, U.S. milk solids and butterfat output continues to outpace year-ago volumes, but not by enough to satisfy U.S. dairy processors.
View Report
Those numbers clearly won’t pay the bills, and after four painful years (and a couple good months) dairy producers are in no shape to weather this storm.
View reportStrong fluid milk consumption will benefit the whole industry by reducing dairy product output at a time when overall demand is likely taking a sizable hit.
View reportPlunging stocks, cheap oil, and a strong dollar would normally spell disaster in the dairy markets. There was a lot of red ink on LaSalle Street but the damage was not nearly as extreme as feared.
View reportThe dairy markets sprinted out of the gate on Monday, but they couldn’t sustain such an energetic pace. The dairy markets are fixated on the spread of the Coronavirus (COVID-19) and its potential impact on the economy and consumer behavior. However, there are a lot of good things to be said about dairy market fundamentals.
View reportThe markets were swamped in waves of selling due to fears that the coronavirus would spread. The dairy bulls finally came up for air on Friday, bringing some much needed calm to the dairy complex.
View reportThe markets were awash in red ink on Wednesday, and the selloff gathered speed as the week drew to a close.
View report