Dairy Situation and Outlook, August 19, 2020 By Bob Cropp, Professor Emeritus University of Wisconsin Cooperative Extension University of Wisconsin-Madison In mid-April on the CME 40-pound cheddar blocks were $1.00 per pound. But prices rallied with blocks setting a new record in June at $2.81 per pound and continued to increase setting another record at […]

Dairy Situation and Outlook, July 22, 2020 By Bob Cropp, Professor Emeritus University of Wisconsin Cooperative Extension University of Wisconsin-Madison Dairy product prices and milk prices continue to do the unexpected. January forecasts called for 2020 to be a recovery year with the best milk prices in 5 years. But, Covid-19 virus outbreak came along […]

Dairy Situation and Outlook, June 18, 2020 By Bob Cropp, Professor Emeritus University of Wisconsin Cooperative Extension University of Wisconsin-Madison Milk prices have been volatile, but it looks like volatility will be a record in 2020. In January, the Class III prices was $17.05. By May it had fallen to $12.14. But it looks like […]

Dairy Situation and Outlook, May 20, 2020 By Bob Cropp, Professor Emeritus University of Wisconsin Cooperative Extension University of Wisconsin-Madison Milk price forecasts can change rather dramatically from one month to another. This is the situation between the April price forecast and the May forecast. In April it looked like the May Class III price […]

The current dairy market situation with reduced demand for products has caused excess product to build up at some dairy processing plants. To reduce milk supply, some dairy producers have been instructed to reduce milk shipped with some feeding excess milk to calves, heifers, and lactating cows, or disposing of milk into manure storage facilities or land spreading.