Midwestern dairy producers are facing a new wave of competition as global demand for their products has been steadily rising.
Here are the top 10 things to know about dairy in the region.
Iowa: Dairy prices are rising, but prices remain lower than they were a few years ago.
According to the Iowa Department of Agriculture, average dairy prices in the state have increased 8.6 percent since 2014.
In the past year, prices have gone up nearly 30 percent.
The Iowa Department for Agriculture’s dairy pricing index (CPI) shows that Iowa dairy prices have increased by 4.3 percent annually since the end of 2015.
Prices in the U.S. have increased 3.5 percent since the start of 2017.
Prices are also rising in other Midwestern states, with prices in New York up 7.2 percent and Indiana up 3.6%.2.
Michigan: The average price for a gallon of milk has increased 5.6 cents in the past five years, and prices in Michigan have increased nearly 7 percent annually.
In 2016, Michigan had a CPI of $2.85 per gallon.
In 2017, milk prices averaged $2,857 per gallon, up about $300 from the previous year.3.
Wisconsin: Wisconsin milk prices have risen by 9.2 cents a gallon, which is more than double the inflation rate of the nation.
In a survey of dairy producers in the Midwest, milk costs averaged $1.84 per gallon in 2017, up $1 from the year before.4.
Iowa (Statewide): Iowa’s milk price index has increased by nearly 14 percent since 2015, with average milk prices averaging $1,811 per gallon since the beginning of 2017, according to the USDA.5.
Illinois: The cost of milk in Illinois has risen almost 24 percent since 2013, according a report from the Chicago Board of Trade.
The price index for milk has grown more than 40 percent in the same period.
The cost has increased 9.6% in 2016 and 18.5% in 2017.6.
Minnesota: The price of milk sold in Minnesota has increased nearly 8 percent in five years.
The average cost of a gallon in the State of Minnesota has grown by 10.3 cents since 2015.
The increase is due to lower milk prices in 2016 compared to the previous five years and the addition of some milk processors in the last year.7.
Ohio: Ohio milk prices increased by a staggering $1 per gallon last year, according the Columbus Dispatch.
A study from the Ohio Department of Natural Resources shows that average milk price per gallon increased by almost 19 percent in 2016.8.
Indiana: Indiana milk prices were up nearly 11 percent last year and have increased about 9 percent annually over the past few years.
Average milk prices are up almost 25 percent since last year in Indiana.9.
Kansas: Kansas milk prices went up nearly 16 percent last season, which makes it the second-highest increase in the nation for the price of a quart of milk.10.
Wisconsin (State): Wisconsin milk costs increased more than 12 percent last fiscal year.
A USDA study shows that milk prices grew 4.7 percent between 2017 and 2018.