More dairy production
More dairy production projected for 2025 and 26 at USDA's latest outlook. World Agricultural Outlook Board Chair Mark Czekanowski says the report over report adjustments in trade and use vary with fat and skim solid basis products. One area of strength in terms of dairy products that we continue to see is some of the dry products strong demand for protein that's supporting a lot of dry products, especially dry whey. Dry whey was the only product showing price increases for both years and year over year. Lower price forecast in the product in class categories led to a lower all milk price for 2025. Speaker2: Down this month by $0.30 per hundred weight, down to $21.05 per hundred weight. For 2026, the all milk price was lowered by $1.15 per hundredweight to $19.25. In year over year. That would be down $1.80 per hundredweight.
In other dairy news, I want to remind you about Farm Service Agency of Idaho’s Milk loss Program whereby The American Relief Act, 2025, provides up to $1.65 million in Milk Loss Program (MLP) payments to eligible dairy operations for milk losses due to a qualifying weather events in 2023 and/or 2024. Call (208) 378-5656 for information.
