The McCully Report
The McCully Report is a monthly dairy market newsletter with price forecasts for all major US dairy commodities and classes of milk as well as market insights. The report summarizes US and global market drivers into concise impacts on dairy prices.
The dairy market disruptions from COVID-19 through 2020 and into 2021 exposed flaws in the foundation of U.S. dairy policy and milk pricing. Numerous discussions have been had over negative producer price differentials (PPDs), depooling, the Class I formula, and other...
One in 10 U.S. dairy cows could be fueling renewable energy projects. This includes both electricity and co-generation. In May, the U.S. dairy herd expanded to its highest level in 27 years, climbing to over 9.5 million head. This contrasts with a rather tight window...
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