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Year-to-date through June, China’s whole milk powder imports stand at 610 million lbs., down 45% compared to the same period last year.
“Our priority is ensuring that consumers accurately know the difference between real beef and cell-cultured products through transparent and accurate labeling.”
The grocery store price inflation forecast has been significantly reduced by a whole percentage point to 4.9%. Food price inflation for 2024 is expected to considerably decrease compared to 2023, with an expected rise of 2.4%.
“Producers looking to adopt precision ag technologies need network connectivity that extends far past their residences. They need to be able to make real-time decisions that increase yields and employ resources more efficiently.”
Production per cow was up about 1 lb. and the number of dairy animals in those 24 states now stands at 8.93 million. That’s 14,000 more than June of last year, but 20,000 less than May 2023.
The seasonal purchasing of cheese for demand later in the year generally begins in mid-summer and this year it began with a vengeance.