June is Dairy Month

Current Dairy Product Facts Impacting Milk Prices

  • If consumption of cheese increased by just 1/3 pound -- US milk prices would increase by 40 cents/cwt
  • 1 out of 6 tankers of milk is exported
  • In 2020 Southwest Asia (i.e. Indonesia, Singapore, Thailand, Vietnam) was the #1 dairy export market by volume.  They imported the equivalent of 1 day of US milk production per month.

Tip of the Month:  Review Heat Stress Abatement for Milking and Dry Cows

  1. Fans in eating and resting areas and in the holding pen should come on automatically when temperatures are greater than 65° F.  Sprinklers or soakers should be placed on a timer and run for approx. 2 minutes and off for 10-12 minutes with fans running continuously when temps are greater than 68° F.  Soaker time should increase with increasing temperatures.
  2. Ensure adequate amounts of cool, clean water are available at all times.  Don't forget water for those baby calves!
  3. Remember to provide heat abatement to dry cows as heat stress reduces her future milk production, calf survivability, and production of her calf.

Price Volatility Rears Its Ugly Head Once Again - Now What to Do About It?

Price Article Picture

The volatility of milk prices along with increasing costs for feed ingredients and other inputs has definitely lead to many sleepless nights as dairy managers try to devise the best path forward.  Generally, market prices and costs for inputs, i.e. feed and supplies, are influenced by supply and demand economics related to both domestic and international markets.  Some expenses and fluctuating income are beyond one’s day-to-day control, but management practices do exist to lessen the impact these financial challenges place on the economics of an individual dairy operation.