High interest rates make herd expansion more challenging

A livestock economist says higher interest rates have been a limiting factor to herd expansion. Josh Maples with Mississippi State University says that at current price levels, there is a lot of interest in buying cattle. “They talk to the lenders about what the rates are and then they don’t call back,” he says. He […]

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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