USDA Dairy Market Report is now available

The U.S. Department of Agriculture(USDA) reported that the U.S. average all-milk price rose $0.60 from May to $17.30 per hundredweight in June, the first significant monthly increase in milk prices since last December.

Major Movement in Butter Markets

After a monster trading day in butter on Wednesday that saw 34 loads trade hands—the highest daily volume in nearly four years—Thursday’s trade followed up with another 13 loads moving. Butter dropped ¾ of a cent to $2.65 1/2. By: KNOW YOUR MARKET

Milk fat prices take a break

A slowdown in milk fat prices may be temporary, as demand continues to surge and inventories are now very tight, ASB senior rural economist Nathan Penny says. By: Sally Rae

A background to the butter dilemma

The shortfall in butter production in Europe is driving up wholesale prices, and yes retail prices are going to go up. However, the rises are much more dramatic in wholesale terms (doubled in a year) than they will be in retail terms. By: Richard Dillon