The Latest from MN Milk

May 26, 2026

Dairy market report

Source: Ever.Ag

Nonfat dry milk tumbled throughout the week and closed at $2.0725 per pound, a $0.2000 loss from last week. Butter closed the week at $1.5350 per pound, sliding $0.1050 from last Friday. Spot blocks fell to $1.5050 per pound, a $0.0500 decline from last week, while barrels dropped $0.0750 to close the week at $1.4800.

We partner with Ever.Ag to provide highlights of weekly dairy market activities, along with a summary of key market indicators.

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Farm bill update

Source: Torrey Advisory Group

(Last updated 5.19.26)

The Senate Agriculture Committee has announced that they are working through their version of farm bill text following the House passage of the Farm, Food, and National Security Act of 2026.

Senate Agriculture Committee Chair John Boozman (R-AR) will be holding a member-only meeting this week to discuss a path forward. Meanwhile, Congress will be focused this week on other priorities, like a second reconciliation package, surface transportation reauthorization, and addressing high cost of living issues.

Last week, the Senate Agriculture Committee also held a hearing regarding challenges in the fertilizer supply chain. Members and witnesses focused on high fertilizer and other input costs and the combination of global supply shocks and a highly concentrated fertilizer market as key drivers of volatility and elevated prices. How these issues could be addressed through farmer economic aid or through the Farm Bill remains to be seen.

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Finalists named for 73rd Princess Kay of the Milky Way

Source: Midwest Dairy

Ten young women were named as finalists for the 73^rd Princess Kay of the Milky Way. This past weekend, dairy princesses from across the state gathered for the annual May Leadership Event held May 15-16 at the Delta Hotel in Minneapolis. The weekend included opportunities for networking, leadership workshops and a chance to compete for a finalist spot for Princess Kay of the Milky Way for young women rooted with a passion for dairy. This year’s theme of “The Power of You,” provided attendees with confidence in their leadership skills and knowledge through various inspiring and educational sessions.  

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The new cheese economy: How the Midwest became ground zero for dairy’s next industrial revolution

Source: Dairy Stream

Billions of dollars are flowing into the Great Lakes region and the I-29 corridor, transforming the American dairy industry at a pace few could have predicted a decade ago. Across Wisconsin, South Dakota, Iowa, Kansas and into the Texas Panhandle, new cheese processing plants are reshaping rural economies, redefining global dairy trade, and creating some of the most technologically advanced food manufacturing facilities in the world.