NASHVILLE, Tenn. (RFD-TV)— U.S. dairy markets are under pressure as butter and cheese prices both declined this week, according to USDA and CME data.
Butter fell to its lowest level since November 2021 on sharply higher supply, while cheese markets also slid, with analysts noting exports remain competitive, but any further weakness could spur renewed domestic demand.
Shell egg prices held steady in most regions, though West Coast markets eased slightly. Supplies have improved, but seasonal demand and rising Highly Pathogenic Avian Influenza (HPAI) cases — eight confirmed by USDA in the past 30 days — are keeping markets firm.
Meanwhile, U.S. milk production remains strong, with July output up 3.4 percent year-over-year, the largest gain since May 2021, supported by high butterfat levels.
Tony’s Farm-Level Takeaway: Farmers face lower returns on butter and cheese, but strong milk production and steady egg demand help balance the market. Disease risks remain a key factor to watch heading into fall.
September 17, 2024 03:19 PM
September 17, 2024 03:00 PM
Poultry FarmHER Cynthia Capers joined us Monday on the Market Day Report to discuss her upcoming episode on the new season of FarmHER.
September 09, 2024 01:52 PM
·
“I think there’s a number of attributes of the Southern Plains that have been very attractive. One is land availability, the ability to grow feed on that land”
September 05, 2024 12:31 PM
In Texas, there are about 800 contract broiler and turkey farms. RFD NEWS Correspondent Tammi Arender had the chance to meet with Jerry Moody, who has been in the chicken business all of his life.
August 13, 2024 12:36 PM
·
