Milk production decline slows in 21-state May report
May 1987 U.S. milk output in 21 states edged 2.3 percent below a year earlier as declines narrowed month to month. Wisconsin and California showed slight gains while New York Minnesota and Pennsylvania fell. Cow numbers dropped 4.2 percent from May 1986, and about 8.9 billion pounds were marketed under Federal Orders, with fluid sales flat vs May 1986. The Dairy Termination Program anticipated removals of about 347,500 head remain through August.
MENTIONED IN THIS ARTICLE
U.S
Wisconsin
California
New York
Minnesota
Pennsylvania
Weather drives mixed grain markets amid drought and rain
Weather remained the key influence on grain prices with hot dry conditions lifting corn and soybean values while wheat followed. Midweek cool air and scattered showers pressured prices as export demand held, and moisture needs persisted. Minneapolis corn and soy futures showed gains. June and July bids shifted across markets as help from rains limited stress. Sunflower bids softened slightly. oats and malting barley held firm or edged higher on demand. High protein feeds rose nationwide amid tight soy supplies and strong export demand. Brazil’s crop reportedly sold out as feed markets fluctuated and fish meal remained tight.
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Upper Midwest
U.S
Brazil
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