News

Higher production costs mean fewer new, young farmers

While the sales of ag products reached a record high of $394.6 billion in 2012, nearly $200 billion more than in 2002, they were moderated by a corresponding increase in expenses. FULL STORY »

NY’s Senator Schumer proposes tax credit for digesters

Senator Charles Schumer (D-NY) has proposed a 30 percent tax credit for the construction of new biodigester facilities, citing use in the yogurt, cheese, and entire dairy industry through a release on Wednesday. FULL STORY »

Dairy markets: Class III withstands spot cheese decline

Class III futures prices were double-digit higher early in the day, but pulled back – albeit not too much – on a sharp drop in the spot cheese session. FULL STORY »

Carter and Stevens Farm wins Massachusetts Farm of the Year Play video

Carter and Stevens Farm wins Massachusetts Farm of the Year, about 50 years after they first won the award - but much has changed since. FULL STORY »

Rabobank reports U.S. set to become urea self-sufficient

According to a new report from Rabobank, the U.S. nitrogen fertilizer market is now reaching a point of saturation, as announced capacities are expected to come online in the next few years. FULL STORY »

Appeals court rules with FDA on feed antibiotics

In a 2-1 decision, the U.S. Second Circuit Court of Appeals on Thursday overturned earlier district court rulings resulting from a lawsuit filed by activist groups seeking to end the use of antibiotics in livestock feed. FULL STORY »

White House Rural Council to invest $10 billion for job-creation

The White House Rural Council today announced the creation of the new U.S. Rural Infrastructure Opportunity Fund through which private entities can invest in job-creating rural infrastructure projects across the country. FULL STORY »

Thursday’s CME Dairy Market Recap

Thursday’s Class III market opened up relatively flat, but after a bearish spot cheese session, futures began to sell off. FULL STORY »

Bears made presence felt in the ag markets Thursday afternoon

Corn futures dipped on China talk Thursday. Corn futures followed soybeans higher Wednesday night and seemed likely to keep rising after the weekly Export Sales report stated the new-crop result far above expectations. FULL STORY »

Ag markets proved surprisingly changeable Thursday morning

Corn futures dipped on China talk Thursday morning. Corn futures followed soybeans higher Wednesday night and seemed likely to keep rising after the weekly Export Sales report stated the new-crop result far above expectations. FULL STORY »

DHM Numbers: Cow culling, replacement auctions

Weekly dairy cow culling continued to slide far behind last year's pace; and a week's worth of dairy replacement cattle auctions are summarized. FULL STORY »

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