USDA-Agricultural Marketing Service’s Post

USDA recently released June fluid milk sales data. Organic milk purchases rose 4.5% year-over-year in June. That brought first half sales up 6.1% compared to 2023. Meanwhile, whole milk sales for the month eased 2.4% year-over-year. But thanks to stronger performances in prior months, first half purchases increased 2.2% versus 2023. Overall, how are fluid milk sales performing across different categories? Find out in the latest edition of “The Dairy Bar: Powered by Ever.Ag”: https://lnkd.in/ewvPdXu3 #DairyBar #marketinsights #dairy #sales

𝗙𝗹𝘂𝗶𝗱 𝗠𝗶𝗹𝗸 𝗖𝗼𝗻𝘀𝘂𝗺𝗽𝘁𝗶𝗼𝗻 𝗧𝗿𝗲𝗻𝗱𝘀 𝗛𝗶𝗴𝗵𝗲𝗿: After battling recent declines, fluid milk consumption is back on the rise. According to a report from the National Milk Producers Federation, total fluid milk consumption in August was up 1.6% year-over-year. It’s also higher for the entire year with year-to-date consumption up 0.7%. This rise is consumption is part of a strong demand story for dairy. Domestic consumption of yogurt, butter, fluid milk and cheese all increased more rapidly than U.S. population. This as milk production is slightly lower than a year ago, which is helping to shore-up prices. #DairyManufacturingUSA #DairyOperationsUSA #DairyProductionUSA

Slight Dip in Year-End Milk Prices: What Dairy Farmers Need to Know from October 2024 WASDE Report Tuesday, October 15th, 2024 Explore how the dip in milk prices might affect your farm. What do the 2024-2025 forecasts mean for your strategy? Learn more today! Key Takeaways: USDA’s milk production forecast for 2024 and 2025 shows a slight decrease, suggesting a slowdown in growth per cow. Import forecasts indicate increased cheese and butter imports for 2024 and 2025, reflecting consumer demand trends. Export predictions show stability for 2024, with potential increases in 2025, especially in butter exports. Price forecasts present a mixed picture; while butter and cheese prices decline, whey and NDM rise due to strong demand. Class III and Class IV milk prices are expected to drop, mainly influenced by changes in cheese and butter markets. The all-milk price prediction is slightly reduced for 2024 and 2025, aiming at $22.80 per cwt and $22.75 per cwt, respectively. Dairy professionals should consider these forecasts to adapt strategies and navigate potential market shifts. https://lnkd.in/g9qNzgw8

Scam Alert!! We've been misled by the 'whole wheat' marketing tactic for a very long time. The emerging trend seems to be 'millet products,' where the actual millet content is a mere 1%-5% of the total weight. Regulatory bodies should take stringent measures to enforce accurate millet usage labeling, setting defined limits. This would encourage companies to genuinely incorporate millets in their products. I strongly believe in food industry we should stop finding "loopholes to market" the product and genuinely make products that you can offer to your family on daily basis. #knowyourfood #healthykhaegaindia #healthyindustry

Did you know which countries are the largest importers of cereal flour in the world? Check out the latest data from IndexBox to find out! #CerealFlour #Imports #GlobalTrade #FoodIndustry #MarketResearch #TopImporters #EconomicTrends #TradeData #InternationalBusiness #IndexBoxInsights https://lnkd.in/dT86jP7t

📰 Must-Read for Dairy Industry Professionals! The European butter market is experiencing a remarkable surge driven by record-high cream prices. But what does this mean for the broader food industry? Our latest article delves into the underlying factors contributing to these unprecedented price movements and examines their implications for buyers and producers across the EU. 👉 Read the full article to gain deeper insights: https://hubs.la/Q02M_Mbq0

The second Global Dairy Trade of November presents a mixed picture. While milk powders continue to rise, mozzarella and cheddar move down significantly. Butter and AMF, on the other hand, remain relatively stable. #dcami #globaldairytrade #dairy #cheese #milk #butter #commoditymarket

🤨 Who Really Controls Milk Prices? 🌎 Companies that own brands purchasing dairy products wield significant influence over what farmers are paid. 🥛 Milk is processed into various different products: skim milk powder, whole milk powder, cheese, whey, etc., but once it leaves the farm gate, it’s a commodity unless it’s going into a brand 🚨 ℀ Procurement teams at these brands dictate prices, but are farmers getting a fair deal? 🙌 Follow us for more and don't forget to like, comment, and share! 👍 #DairyMarket #DairyInsights #dairybusiness #DairyProfessionals #SustainableFarming #SustainableDairy #IrishDairy #BackBritishFarming

The global dairy market presents a mixed outlook for 2024, with challenges and opportunities driven by the shifts in consumer demands across different regions. Read more about the 2024 export predictions for cheese, butter, SMP, and WMP here: https://hubs.la/Q02sd4TJ0

The October issue of#InsightsToAction is here! Produce dollars grew by 1.8% in Q3 2024, with volume increasing by 1.7% compared to the previous year. Produce inflation is at 1.9% YTD, with vegetables at 3.3% and fruits at 0.6%. Stay ahead in the fresh produce industry with actionable data and strategic recommendations. 🔗 http://ms.spr.ly/6044mx4O2