Milk production declines as July shows smallest month-to-month drop
U S dairy data indicate July 1987 milk output across 21 states producing over 85 percent of national supply fell 0.3 percent from July 1986 with a seven month downward trend. California led gains among top five states while Minnesota New York and Pennsylvania posted declines. Wisconsin rose. Milk cow count in 21 states averaged 8.785 million, up from June but down 247,000 from July 1986. July milk per cow rose to 1188 pounds. CCC butter and cheese purchases and interstate milk shipments noted amid tight Wisconsin supplies and strong Class I demand as schools prepare to reopen.
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U.S
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Mixed Yellow Corn Markets Stifle Gains in Midwest
Cooler weather and scattered rains improved crop prospects across much of the Midwest while some dry pockets lingered. Soybeans weakened amid better conditions, lighter export demand, and softer meal and oil markets. Wheat rose on flour demand, with Minneapolis corn futures at 1.41 and soybeans trading around 5.20 to 5.28 in Illinois points. various regional bids and futures moved, reflecting continued production optimism and export activity. Sunflower and oats prices likewise shifted, with spring wheat futures up and barley steady amid strong mill competition and upcoming exports.
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Midwest
Minneapolis
Azure
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