MCT Dairies, Inc’s Post

With all the discussion and media interest leading up to the new milk season, we wanted to be clear ADPF cannot and will not provide commentary on what the actual farmgate milk price should be in FY2025. Dairy processors will develop their own view of the farmgate milk price they will pay for the new season, with careful consideration on their product and market mix. Dairy processors want to pay a fair price to the farmers they work with. However, the price paid must be sustainable – so processors can remain economically viable. We understand dairy farmers are also facing cost pressures. This is why it’s essential the price paid to dairy farmers can be sustainably maintained for the year ahead.    What ADPF can do is provide the facts about the variables impacting raw milk prices and the dynamic domestic and global markets conditions at play. We can also provide information that can help grow understanding about how farmgate milk prices are set, because it is complex. Our goal is for a strong, vibrant dairy industry – right across the supply chain – and to keep dairy manufacturing local! If you’re keen to understand more our Milk Value Portal provides a credible source of information on the factors influencing milk price. To read the facts: adpf.org.au Visit the portal: milkvalue.com.au. Janine Waller John Williams Kristin Favaloro

It's an interesting time for the dairy industry. With relatively tight supplies, and strong demand – the nation's dairies are churning out more milk, but not as much as consumers would like to see. Learn more at https://lnkd.in/gdRQn8du #dairyfarming #dairyindustry #dairy #rootagadvisory #farminginthewest #idahoag

Expect strong #dairy replacement #heifers for at least the next 2 to 3 years as beef semen on dairy cows continue to pay quick dividends for dairy producers with calves selling for $800 to at times over $1,000 each. Recent #export orders for short bred dairy heifers have pushed into $2,600 territory. These are historic highs. In the U.S., young 2-year olds dairy cows have ranged from $2,800 to well over the $3,000 range based on quality. https://lnkd.in/gp75rqne

The dairy industry’s Milk Value Portal now provides five years of farmgate milk pricing (FMP) data, Milk Supply Agreements (MSAs) and their contract features – including the new FY24/25 season. We encourage farmers and anyone else interested in understanding more about the value of raw milk across Australia and what’s influencing this to use the portal. It’s a one-stop shop providing credible, transparent and comprehensive data on farmgate milk pricing, and insights into current and historical prices and market trends. It can answer questions like: 💹 What incentives are on offer? 🧀 How are dairy commodities (cheese, butter and milk powders) performing? 🌏 How are our global competitors tracking? Visit: milkvalue.com.au John Williams Janine Waller Kristin Favaloro Dairy Australia Gardiner Foundation Australian Dairy Farmers

It's an interesting time for the dairy industry. With relatively tight supplies, and strong demand – the nation's dairies are churning out more milk, but not as much as consumers would like to see. Learn more at https://lnkd.in/g6pkqv7Z #dairyfarming #dairyindustry #dairy #rootagadvisory #farminginthewest #idahoag

Dairy trending in the right direction.

With Americans consuming more butter and cheese than ever, the dairy industry saw per capita dairy consumption match an all-time high of 661 pounds per person in 2023, as revealed in the latest data from the US Department of Agriculture (USDA). Learn more: https://lnkd.in/enThdMSQ #FoodIndustry #GroceryIndustry #FoodRetail

Now you can LISTEN and read our lastest analysis of the world dairy markets from last week.

#Milk #production was down for the 12th straight month in June, according to #USDA data. However, is #dairy #productivity really down? That's an important question as milk component production ... #butterfat and #protein has climbed 10 of the past 11 months and Americans are eating their dairy, rather than drinking it. To learn more, listen to this CoBank and Terrain webinar by Corey Geiger and Ben Laine https://lnkd.in/gdHa77K9

Want to stay ahead in the dairy industry? Read and now LISTEN to our weekly recap on global dairy market shifts for the week ending Sept 23, 2024. https://bit.ly/3THYK6j #DairyMarket #CheesePrices #ButterTrends #MilkProduction #GlobalDairyTrade #MarketVolatility #DairyIndustry #USMilkOutput #EuropeanDairy #CheddarCheese