Lee Mielke

Lynden

Columnist at Freelance

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Articles

Dairy replacement prices continue upward trend

5 days ago | dairystar.com | Lee Mielke

The April federal order benchmark Class III milk price was announced by the U.S. Department of Agriculture at $17.48 per hundredweight, down $1.14 from March, but $1.98 above April 2024. It is the lowest Class III price since April 2024. The 4-month Class III average is at $19.16, up from $15.77 a year ago and $18.46 in 2023. Late Friday morning, Class III futures portended a May price at $18.37, June at $17.37 and July at $17.77, with a peak of $18.38 in October.
Mielke Market Weekly: A silver lining spotted for U.S. cheese and butter prices

1 week ago | thelandonline.com | Lee Mielke

The April Federal order benchmark Class III milk price was announced by the U.S. Department of Agriculture at $17.48 per hundredweight (cwt.), down $1.14 from March, but $1.98 above April 2024. It is the lowest Class III price since April 2024. The four month Class III average is at $19.16, up from $15.77 a year ago, and $18.46 in 2023. Late Friday morning Class III futures portended a May price at $18.50; June, $17.82; and July at $18.19; with a peak of $18.63 in September.
Milk Price falls $1.14

1 week ago | thefencepost.com | Lee Mielke

The April federal order benchmark Class III milk price was announced by the Agriculture Department at $17.48 per hundredweight, down $1.14 from March, but still $1.98 above April 2024. It’s the lowest Class III price since April 2024. The four month average is at $19.16, up from $15.77 a year ago, and $18.46 in 2023. Late Friday, May 2, morning Class III futures portended a May price at $18.50; June, $17.82; and July at $18.19; with a peak of $18.63 in September.
Feed costs were the ninth highest ever for the month of March

1 week ago | farmersadvance.com | Lee Mielke

Lee MielkeFarmers' AdvanceThe April Federal order benchmark Class III milk price was announced by the USDA at $17.48 per hundredweight (cwt.), down $1.14 from March, but $1.98 above April 2024. It is the lowest Class III price since April 2024. The four-month Class III average is at $19.16, up from $15.77 a year ago, and $18.46 in 2023. Late Friday morning Class III futures portended a May price at $18.50, June at $17.82 and July at $18.19 with a peak of $18.63 in September.
With 8,000 More Cows, Milk Output Surges in March

2 weeks ago | farmers-exchange.net | Lee Mielke

Michiana's Popular Farm Paper Since 1926 Home > Markets > Articles With 8,000 More Cows, Milk Output Surges in March Published: Friday, May 2, 2025 The following is from Lee Mielke, author of a dairy market column known as "Mielke Market Weekly."Preliminary data in the Agriculture Department's latest Milk Production report shows March output at 19.8 billion pounds, up .9% from March 2024.
Producers are battling costly retains in their milk checks resulting in some exiting the dairy business

2 weeks ago | farmersadvance.com | Lee Mielke

Lee MielkeFarmers' AdvancePreliminary data in the Agriculture Department’s latest Milk Production report shows March output at 19.8 billion pounds, up 0.9% from March 2024. The top 24-state production, at 19.0 billion pounds, was up 1.0%. February’s 24-state total was revised up 26 million pounds. First quarter milk output was off 0.3% from a year ago, with cow numbers up 36,000 from fourth quarter 2024 and 58,000 more than first quarter 2024.
Government intervention affects dairy markets

3 weeks ago | dairystar.com | Lee Mielke

A lot of eyes are on dairy product demand right now as the spring flush begins. Exports are strong due to low U.S. prices, particularly on cheese and butter, but they are suspect due to the Trump tariff tit for tat and falling U.S. dollar. We got a look back on February in the U.S. Department of Agriculture’s latest Dairy Supply and Utilization report, which showed overall cheese use at 1.1 billion pounds, down 0.8% from February 2024.
Mielke Market Weekly: Current dairy exports strong, suspect

3 weeks ago | thelandonline.com | Lee Mielke

A lot of eyes are on dairy product demand right now as the spring flush begins. Exports are strong due to low U.S. prices, particularly on cheese and butter, but they are suspect due to the Trump tariff tit for tat and falling U.S. dollar. We got a look back on February in the U.S. Department of Ariculture’s latest Dairy Supply and Utilization report which showed overall cheese use at 1.1 billion pounds, down 0.8 percent from Feb. 2024.
The US dollar continues to fall amid the Trump tariff tit for tat

4 weeks ago | farmersadvance.com | Lee Mielke

Lee MielkeFarmers' AdvanceA lot of eyes are on dairy product demand right now as the spring flush begins. Exports are strong due to low U.S. prices, particularly on cheese and butter, but they are suspect due to the Trump tariff tit for tat and falling U.S. dollar. We got a look back on February in USDA’s latest Dairy Supply and Utilization report which showed overall cheese use at 1.1 billion pounds, down 0.8% from Feb. 2024.
Tariffs Are Likely to Impact the Global Dairy Markets

4 weeks ago | farmers-exchange.net | Lee Mielke

Michiana's Popular Farm Paper Since 1926 Home > Markets > Articles Tariffs Are Likely to Impact the Global Dairy Markets Published: Friday, April 18, 2025 The following is from Lee Mielke, author of a dairy market column known as "Mielke Market Weekly." Tariffs remained the No. 1 subject on a lot of people's minds, particularly those in the dairy industry as the Trump Tariff Tit for Tat was changing almost by the hour. Tariffs were increased on all trading partners of the U.S. and response...