The U.S. and China are arranging the formal signing of the first phase of a broader trade deal between the world’s two biggest economies.

The House of Representatives on Thursday overwhelmingly passed the U.S. Canada Mexico Agreement (USMCA) with a vote of 385-41.

The announced November Class III price of $20.45/cwt is the highest it has been in five years.

U.S. cow numbers were down 27,000 head from a year ago, but remain unchanged from October.

Looking to 2020, regional supply and demand will continue to be the driving force behind the swing in hay acres and prices.

There are no quick fixes to dairy markets that operate in state, national, and now international, environments.

Generally, when price moves this dramatically, price retracement usually follows. However, there is no indication from what level cheese prices may rebound.

Analysts predict Class III milk prices to range from $16 to $19.50.

Cheddar cheese was only major commodity that showed strength on today's Global Dairy Trade auction.

As we wrap up 2019, check out our most popular business management articles of the year!