Ag Smarter - The Dairy Feed: Wheat Leads, Energy Eases, Dairy Demand in Focus
Dairy markets are flashing green as nonfat dry milk hits new highs, but how long can the rally last? Jim and Kathleen break down tightening US powder supply, rising Class IV pricing, and whether export demand can keep up with elevated price levels.
In grain and feed, wheat continues to lead the charge amid worsening Plains conditions, offering support to corn as planting gets underway across the Midwest. Meanwhile, volatile energy markets and global tensions remain a key wildcard—impacting everything from input costs to consumer demand.
With gas prices pressuring household budgets, early signals suggest dining demand could soften—raising new questions for dairy consumption heading into summer.
Plus, Jake delivers this week’s Words from Wichita, covering planting progress, soybean meal strength, and key risk management opportunities as fundamentals begin to take back control.
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