The Monthly Protection Program for Dairy calculations (MPP-Dairy) from the USDA have come in. I came across an article from Progressive Dairyman and the calculations show that there has been a slight improvement in June. Milk is up by 60 cents, compared to May 2017 prices.
As of June 2017, the average U.S. milk price of $17.30 was up by $2.50 from June 2016. This is good news, as many dairy producers have been worried about milk prices. Therefore, this upward, albeit slow, trend is good news to those in the milk industry.
Source: Progressive Dairyman
Based on Table 1, Arizona and Oregon milk prices have increased by $1, Washington is up by 90 cents, while Pennsylvania and Kansas follow closely with an increase of 80 cents. This upward trend will hopefully continue throughout the year.
There are also small but noticeable decreases in a number of feedstuff prices as well. They coincide with the increase in milk prices. To view the full article from Progressive Dairyman, click here. To view the full Dairy Margin Protection program, visit this link.
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Rick Pascual recruits in dairy nutrition for feed companies and their suppliers across the USA. He joined Continental Search in January 2015 and has successfully filled a number of searches for nutritionists, sales, and sales management for leading companies.
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