Milk supply issues continue globally

Milk supply issues continue across the U.S. and the world, with no indication the supply problem will be solved anytime soon, reported a dairy analyst during a recent Dairy Signal webinar by the Professional Dairy Producers.

“We’re still looking for a price that keeps milk stocks adequate and somehow allows the supply to expand,” said Ben Buckner, chief grains and dairy analyst for AgResource Co. “I don’t think we have found that price yet.

Buckner noted that many economists believe the world is on the cusp of a global food crisis. “There just isn’t any room for a yield error in any major grain-producing area,” he said.

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Outbreak of highly contagious bird flu waning, but threat of virus lingers

A bird flu outbreak in the U.S. that led to the deaths of more than 40 million chickens and turkeys and contributed to a spike in egg and meat prices appears to be waning, but experts caution the virus hasn’t disappeared and worry another surge could take hold this fall.

The number of birds culled to limit its spread dropped from a peak of almost 21 million in March to less than 800,000 in May.

When will the U.S. have a commercial ASF vaccine?

With Vietnam's Ministry of Agriculture and Rural Development announcement of the successful production of a commercial vaccine for African swine fever earlier this month, many in the U.S. swine industry have been asking when will a vaccine be ready to roll out here? According to Swine Health Information Center Executive Director Paul Sundberg, it most likely will be a while.

Beef prices supported by other proteins

The question of beef demand for the remainder of this year is an interesting comparison to exceptionally strong wholesale and retail prices in the second half of 2021. In the first quarter of 2022, retail and wholesale beef prices were sharply higher compared to last year. Retail all-fresh beef prices in May were 9.5 percent higher year over year. However, beef prices rose sharply in the second quarter of 2021 and remained high for the remainder of the year.

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Wisconsin order banning poultry at live events is lifted

Wisconsin officials announced Monday that they have lifted the statewide order that banned the movement of poultry to live events, which was put into place to stop the spread of highly pathogenic avian influenza.

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