AFBF economist says off-farm income is keeping farmers going

An economist with the American Farm Bureau Federation says off-farm income is helping keep U.S. farming operations afloat. Danny Munch says a recent Market Intel Report shows 98% of farms receive some form of off-farm income. “The average on farm income was a loss of $900 in 2023,” he says. “That means that numerically, most […]

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Cash dairy prices steady Friday at the CME

*This updates a previous report from earlier. Cash dairy prices were mostly unchanged in light trading Friday at the Chicago Mercantile Exchange.  Dry whey was up

No CME cash dairy trading Friday

The Chicago Mercantile Exchange had limited trading activity Friday following the Christmas holiday, and cash dairy trading isn’t scheduled to resume