Economist says risk management crucial as prices continue to hit record high levels

A livestock economist says the unprecedented price levels cattle producers are currently seeing could move even higher in 2025. Oklahoma State University’s Derrell Peel says herd expansion will make a difference. “Once we start heifer retention, and depending on how aggressive it is, that’s going to further squeeze the tight supplies that are driving these […]

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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