147 | From Grain Forecasts to Dairy Profits: HighGround Dairy August Monthly Market Update

• 11 months of lower milk production, yet making it up in protein and fat.

• The perfect storm that’s brewing in the grain market.

• And how to get a grip on your true profitability by managing your margins.

Curtis from High Ground Dairy joins me today for the August market update, focusing on the latest trends and shifts in grain and dairy markets. Key updates include the WASDE report’s impact on corn and soybean projections, tight milk supplies driving up cheese prices, and the continued orderly rally in butter. Curtis also discusses insights on risk management, margin optimization, and how dairy producers can remain resilient amidst market volatility. Alex's detailed resources on federal milk marketing orders are highlighted, offering valuable tools for producers to navigate complex market dynamics.

HighGround Dairy offers comprehensive insurance solutions from dairy market experts, ensuring your operation makes informed decisions to navigate market volatility.

Find out how the markets are moving and how it could impact your bottom line.

This episode is brought to you by HighGround Dairy. Find out how the markets are moving and how it could impact your bottom line and grab your copy of the August Market Report here: https://www.highgrounddairy.com/august-2024-dairy-producer-market-update/

BONUS - Grab your copy of the FMMO Whitepaper here: ⁠https://marketing.highgrounddairy.com/fmmo-recommended-decision-analysis-white-paper⁠

About HighGround Dairy

This episode is brought to you by HighGround Dairy provides global dairy market intelligence, insurance services, futures & options brokerage, and advisory programs to a diverse range of dairy market participants throughout the supply chain.

Learn more at ⁠https://highgrounddairy.com/⁠ or email them at info@highgrounddairy.com

Information shared in this podcast is for educational purposes and is not a solicitation to buy or sell commodities. Opinions expressed are current opinions as of Aug. 19 at 4 p.m. CST and only represent the views of the speaker and not those of HighGround Trading, unless otherwise expressly noted.

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Connect with Peggy: peggy@upleveldairy.com