Class III milk futures saw red across the board, with futures settling anywhere from +1¢ to -20¢ on the day. Regardless of today’s move, futures’ trading has been range-bound, with the first-half pack trading within a 25¢ range since Nov. 1.
By Jeff Coulter, University of Minnesota Extension Corn Agronomist
These trials were conducted across southeastern, central, and west-central Minnesota to provide unbiased and replicated information on the performance of numerous silage hybrids for growers and their advisors.
Dairy Farm Business Specialist Betsey Howland, with the Cornell University PRO-DAIRY Program, meets with a farmers discussion group in New York’s Southern Tier. The New York Farm Viability Institute is providing funding to start a Dairy Profit Monitor users discussion group for organic dairy producers.
Higher livestock receipts will be offset by lower crop income, cutting 2014 U.S. net farm income to $96.9 billion, down over 21% from 2013’s estimate of $122.8 billion, according to USDA’s latest farm income forecast, released Nov. 25.